Utenos Trikotazas AB - Notification on material event

Notification about additions to the agenda of Ordinary General Meeting of Shareholders

By the initiative of The Management Board (Minutes No. 3, 2013/04/15) of AB
“Utenos trikotažas” (legal entity code: 183709468, legal address:
J.Basanavičiaus st. 122, Utena, LT-28214) the agenda of the Annual shareholders
meeting, which is scheduled for April 30th, 2013, 11am. is amended by adding an
additional information  to the question No. 6, regarding the size of
remuneration to  an independent member of the Audit committee.  After the
amendment the wording of the question No. 6 is: 

 6. The approval of the Audit committee members for the new audit committee
term.  Determination of remuneration for an independent member of the Audit
committee. 

            Draft decision:

         To elect the following members to the Company‘s Audit committee for
the new term (for 4 years): 

           1.     Genadij Makušev;

           2.     Jolanta Gulbinaitė;

           3.     Giedrius Grondskis.

          Proposed compensation for an independent member of the Audit
committee is 300 LTL (three hundred LTL) per session hour, but no more than 900
LTL (nine hundred LTL) for the full session. This is without the income tax,
which is determined by the laws of Lithuanian Republic and paid by the company
to the appropriate party. 

The shareholders could get familiarised with the documents possessed by the
Company related to the agenda of the Meeting, including draft resolutions, and
other documents to be submitted to the General Meeting of Shareholders at the
headquarters of AB „Utenos trikotažas“, registered at J.Basanavičiaus g. 122,
Utena, LT-28214, Lithuania, or at http://www.ut.lt. 

For more information please contact Mr. Gintautas Bareika, Managing Director of
AB Utenos trikotažas, tel. No. 370 389 51445 

           Managing Director AB ,,Utenos trikotažas“ Gintautas Bareika