Lietuvos Juru Laivininkyste AB - Notification on material event

Calling the General Meeting of Shareholders of AB „Lietuvos jūrų laivininkytė“,

The General Meeting of AB „Lietuvos juru laivininkyste” (company code 110865039,
registered office at Malunininku str. 3, Lt-92264, Klaipeda), will take place on
April 30, 2010, 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 2010-03-26, minutes No.2 of the Board meeting.                          
Agenda of the General Meeting of Shareholders:                                  

Regarding Annual report Company‘s for 2009 year.                                
Auditors resolution on the Company‘s financial statements for the 2009 year     
(auditors repoer).                                                              
Approval of the financial statements for the year 2009 .                        
Cancellation  reserve of  10 068 074,85 LTL  ( 2 915 916 EUR)  and transfer 18  
821 377,32 LTL (5 451 048 EUR)  from legal reserve.                             
Regarding alterations of the Company‘s Articles of Association.                 

The account date of the General Meeting of Shareholders: the 23th of April,     
2010. Shareholders, that own AB „ Lietuvos juru laivininkyste“ shares on the end
of the working day of 23th of April 2010, shall have the right to participate in
convened General Meeting.                                                       

Shareholders who participate in the 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      
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 General Meeting of      
Shareholders shall have the same rights as represented shareholder.             
Shareholder's right to attend the General Meeting of Shareholders also includes 
the right to ask.                                                               

Please be informed that the agenda of the 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 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 16th of  April, 2010. Along with a proposal to supplement the 
agenda of the 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 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 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 General Meeting 
of Shareholders, must be filled in writing and delivered to the secretary of the
General Meeting of  Shareholders.                                               

Shareholders own the right to ask the questions, concerning the agenda of the   
General Meeting of Shareholders, held on the 30 of April, 2010.                 
Questions may be submitted by e-mail gp@ljl.lt  or delivered directly to the    
Company's registered office at Malunininku str. 3, Klaipeda not later than 27th 
of April, 2010. 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 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       
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 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 General Meeting can't participate and vote by electronic
means.                                                                          

Documents, concerning the agenda of the General Meeting of Shareholders, the    
drafts of decisions of each agenda question, documents to be submitted to the   
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 General Meeting of Shareholders of                   
AB „ Lietuvos juru laivininkyste“ (the draft decisions of the  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