2012-04-27 10:44:19 CEST

2012-04-27 10:45:29 CEST


REGULATED INFORMATION

Lithuanian English
Vilniaus Baldai AB - Notification on material event

Resolutions of the Annual General Shareholders Meeting of Vilniaus baldai AB on 27/04/2012 


Vilnius, Lithuania, 2012-04-27 10:44 CEST (GLOBE NEWSWIRE) -- On the 27th of
April 2012 the Annual General Shareholders Meeting of Vilniaus baldai AB
adopted the following resolutions: 

Item1 of the Agenda:Consolidated annual report.

The Company‘s consolidated annual report for 2011 was presented.

Item2 of the Agenda:Company's auditor's report.

The report of auditor PricewaterhouseCoopers UAB for 2011 was presented.

Item3 of the Agenda:Approval of the Company's financial statements for 2011.

Resolution: to approve Company's financial statements for 2011.

Item4 of the Agenda:Approval of the Company‘s consolidated financial statements
for 2011. 

Resolution: to approve Company‘s consolidated financial statements for 2011.

Item5 of the Agenda:Approval of the Company‘s profit distribution.

Resolution: to approve Company‘s profit distribution.

Undistributed retained earnings, brought forward                15 072 553 LTL 
    4 365 313 EUR 

Net result for the current year                                              
26 823 641 LTL      7 768 663 EUR 

Distributable result                                                           
    41 896 194 LTL     12 133 976 EUR 

Transfers to the obligatory reserves                                           
                -                              - 

Profit transfers to the reserves for own shares acquisition                    
    -                              - 

Transfers to other reserves                                                    
                     -                              - 

To be paid as dividends*                                                     
38 862 670 LTL       11 255 407 EUR 

To be paid as annual payments (bonus) to board of              3 000 000 LTL   
        868 860 EUR 

Undistributed retained earnings, carried forward                         33 524
LTL                9 709 EUR 

*10 LTL (2.90 EUR) of dividends per one ordinary share.

Item6 of the Agenda:Company's members of the Board re-election.

Resolution: to elect Vytautas Bucas, Dalius Kaziunas and Darius Sulnis to the
Board of Vilniaus Baldai AB for the new 4 (four) years term of office 




         Additional information:
         Chief Financial Officer
         Ausra Kibirkstiene
         Phone No.: +370 (5) 2525720