Klaipedos Nafta AB - Notification on material event

RESOLUTIONS OF THE ORDINARY GENERAL MEETING OF SC KLAIPĖDOS NAFTA HELD ON 22 APRIL 2008

RESOLUTIONS OF THE ORDINARY GENERAL MEETING OF SC KLAIPĖDOS NAFTA HELD ON 22
APRIL 2008: 

1. To take into account the Report on the Company's activities in the year
2007, while approving Annual Financial Statements (attached). 
2. To take into account the Auditor's opinion (the Auditor‘s Opinion and Report
are attached). 
3. To approve the documents of the Financial Statements for the year 2007 - the
Balance Sheet, Profit (Loss) Statement, Statement of the changes in the equity
capital, Cash Flow Statement and Note (the documents are attached). 
4. To appropriate Company's profit (loss) of the year 2007 as follows:

Profit (loss) brought forward at the end of the last financial year LTL 0
Net profit (loss) of the financial year  LTL 8 736 888
Profit (loss) of the financial year not recognized in the Profit (Loss) account
 LTL 0 
Transfers from reserves LTL 8 698 288
Shareholders' contribution against losses LTL 0
Profit (loss) to be appropriated in total  LTL 17 435 176
Profit appropriation:
- part of the profit allotted to legal reserves LTL 450 000
- part of the profit allotted to the own shares acquiring reserve   LTL 0
- part of the profit allotted to other reserves, including:   LTL 8 811 176
- for support LTL 400 000
- for payments provided for by the Collective Agreement LTL 147 300
- for reconstruction and capital investments   LTL 8 263 876
- part of the profit allotted for dividend payment LTL 6 974 000
 -part of the profit allotted for annual payments (tantiemes), premium pay to
the employees, etc. LTL 1 200 000 
- Including: premium pay to the employees   LTL 1 200 000
Profit (loss) brought forward at the end of the financial year LTL 0

5.1. To amend Company‘s Articles of Association and set them out in the new
wording (attached). 
5.2. To authorize Mr. Jurgis Aušra, Director General of the Company, to sign
the new version of the Articles of Association and submit them to the
Administrator of the Register of Legal Persons subject to the procedure
established by the laws. 
 6. To elect UAB “KPMG Baltics” as the Auditor of SC Klaipėdos Nafta for the
term of the years 2008 and 2009 and establish remuneration in the amount of LTL
150 000 (one hundred and fifty thousand) excl. VAT (LTL 75 000 - for 2008; LTL
75 000 - for 2009) for the audit of the annual financial statements. 


Irena barauskaite-Gaiziūnienė
+ 370 391626

Attachments:

kn ifrs 2007 en vpk.pdf

kn pnp 2007 en vpk.pdf

kn istatai 2008 en vpk.pdf

kn ap 2007 en vpk.pdf

kn mp 2007 en vpk.pdf