Lietuvos Juru Laivininkyste AB - Notification on material event

Calling the Extraordinary General Meeting of Shareholders of AB "Lietuvos juru laivininkyste"

The Extraordinary Meeting of AB „Lietuvos juru laivininkyste” (company code     
110865039 registered office at Malunininku str. 3, Lt-92264, Klaipeda), will    
take                                                                            
place on November 19, 2009, at 15.00 in Klaipeda. The meeting will be held at   
„Zemyna“ school assembly hall , Kretingos str. 23, Klaipeda .Registration of the
participants from 13.00 till 14.30.                                             
The  sharesholders meeting has been called on the initiative of  Ministry of    
Transport of the Republic of Lithuania - the manager of controlling block of    
shares and by the resolution of AB „Lietuvos juru laivininkyste“ Board meeting  
held on 2009-10-26, minutes No.5 of the Board meeting.                          
Agenda of the Extraordinary General Meeting of Shareholders:                    
 1.AB „ Lietuvos juru laivininkyste„  Supervisory Board recall; 
 2.AB „ Lietuvos juru laivininkyste“  Supervisory Board election;           

The account date of the Extraordinary General Meeting of Shareholders: the 12th 
of November, 2009. Shareholders, that own AB „ Lietuvos juru laivininkyste“     
shares                                                                          
on the end of the working day of 12th of November 2009, shall have the right to 
participate in convened Extraordinary General Meeting.                          


Shareholders who participate in the Extraordinary General Meeting of            
Shareholders must submit an identity document.                                  
Please be informed that each shareholder may authorize either a natural or a    
legal person to participate and to vote on the shareholder's behalf at the      
Extraordinary General Shareholders Meeting. The authorized persons must have    
documents, confirming their personal identity and power of attorney, approved   
in the manner, specified by law. The authorized persons at the Extraordinary    
General Meeting of Shareholders shall have the same rights as represented       
shareholder. Shareholder's right to attend the Extraordinary General Meeting of 
Shareholders also includes the right to ask.                                    

Please be informed that the agenda of the Extraordinary General Meeting of      
Shareholders may be supplemented by initiative of shareholders, who own shares  
no less than 1/20 of all votes. Proposals to the agenda of the Extraordinary    
General Meeting of Shareholders may be submitted by e-mail gp@ljl.lt            
or delivered to the Company's registered office at Malunininku str. 3, Klaipeda 
no later than the 5th of  November, 2009. Along with a proposal to              
supplement the agenda of the Extraordinary General Meeting of Shareholders must 
be submitted the drafts of proposed decisions or, if the decisions shall not be 
adopted, explanations on each of the proposed issue.                            

Please be informed that shareholders, who own shares no less than 1/20 of all   
votes own the right at any time before the Extraordinary General Meeting of     
Shareholders or during the meeting in writing or by e-mail gp@ljl.lt propose new
draft decisions on the issues already included or to be included in             
the agenda of the Extraordinary General Shareholders Meeting. This proposal     
should be filled in writing and delivered to the Company by registered mail, or 
in person address Malunininku str.3, Klaipeda. The proposal, submitted          
during the Extraordinary General Meeting of Shareholders, must be filled in     
writing and delivered to the secretary of the Extraordinary General Meeting of  
Shareholders.                                                                   

Shareholders own the right to ask the questions, concerning the agenda of the   
Extraordinary General Meeting of Shareholders, held on the 19 of November, 2009.
Questions may be submitted by e-mail gp@ljl.lt  or delivered directly           
to the Company's registered office at Mlunininku str. 3, Klaipeda not           
later than 16th of November, 2009.                                              
Please be informed, that the Company may refuse to answer to shareholder's      
questions if they are concerned to the commercial (industrial) secrets or other 
confidential information, informing the shareholder on the refusal to provide   
asked information, except if it is not possible to set the shareholder's        
identity.                                                                       

Please be informed, that on decisions which are included into the Extraordinary 
General Meeting of Shareholders agenda can be voted in writing by completing    
the general voting bulletin. If shareholder requests, the Company shall send    
the general voting bulletin to the requesting shareholder by registered mail or 
shall deliver it in person against signature no later than 10 days prior to the 
Extraordinary General Meeting of Shareholders free of charge. The filled        
general voting bulletin must be signed by the shareholder or its authorized     
representative. Document, confirming the right to vote, must be added to the    
general voting bulletin, if authorized person is voting. The duly completed     
general voting bulletin must be delivered to the Company by registered mail     
address Malunininku str. 3, Klaipeda, or in person against signature, no      
later than before the commencement of registration for the Extraordinary        
General Meeting of Shareholders. The Company reserves the right not to include  
in the shareholder vote, if the general voting bulletin does not meet the third 
and fourth parts of the 30 Article of Law on Companies requirements or the      
general voting bulletin is written in a way that it is impossible to establish  
shareholder‘s will on a separate issue.                                         

The shareholders at the Extraordinary General Meeting can't participate and     
vote by electronic means.                                                       

Documents, concerning the agenda of the Extraordinary General Meeting of        
Shareholders, the drafts of decisions of each agenda question, documents to be  
submitted to the Extraordinary General Meeting of Shareholders, and other       
information, related to Shareholders rights, shareholders can access in the     
company's office during working hours.                                          
More information about the Extraordinary General Meeting of Shareholders of     
AB „ Lietuvos juru laivininkyste“ (the draft decisions of the Extraordinary     
General                                                                         
Meeting of Shareholders,  voting bulletin of the Extraordinary General          
Meeting of Shareholders, etc.) also his notice, can be found on the web page of 
the company http://www.ljl.lt/.                                                 




Arvydas  Stropus                                                                
Chief Accauntant                                                                
(370 46) 393126