Limarko Laivininkystes Kompanija AB - Notification on material event

Draft resolutions of the Extraordinary General Meeting

The Board of Limarko laivininkystes kompanija AB proposes that the shareholders
adopt the following resolutions at the Extraordinary General Meeting on 11th
August 2008: 

1. Election of the firm of auditors for the years 2008 and 2009 and
establishment of terms of remuneration for audit services: 
“To elect KPMG Baltics UAB as an auditor of the Company for the years 2008 and
2009 and to allocate LTL 60000 (VAT exclusive) per year for auditing services.” 

2. Election of the Board member:
“To elect Mr. Steponas Ranonis to the Board of the Company for the current term
of the Board.” 

Information is not confidential. Full draft resolutions are available to the
shareholders at Company's premises at Naujoji Uosto str. 8, Klaipėda, tel. +370
46 340001. 

Vytautas Lygnugaris
President and CEO
+370 46 340001 (ext. 711)