Snaige AB - Notification on material event

Notice of the annual general meeting of shareholders

On  March 20 2008  the Management board of „Snaige“ AB decided to convene the
Annual General Meeting of shareholders „Snaigė“ AB (code 249664610,
headquartes, Pramones str. 6, Alytus) on  April 26, 2008 at 1:00 pm in the hall
of the company  (Pramonės str. 6, Alytus). Registration starts  0:30 pm,
ends-0:50 pm. 
On the agenda:
1. The annual report on the company‘s  activities for the year 2007.
2.Auditor‘s report on company‘s financial statements   of the year 2007.
3.Approval of company‘s annual financial statements of the year 2007.
4.Approval of the  2007 profit appropriation.
5.Regarding  the buy-back of the company‘s own shares.
Shareholders who at the end of the accounting day of the General Meeting of
Shareholders, i.e. April 18 2008, will be on the shareholders list of the 
Company have a right to participate and vote at the General Meeting of
Sharesholders personally or by proxy, or repesented by the person with whom an
agreement on the transfer of voting rights is concluded. 
The shareholders attending the meeting must provide person‘s identification 
document. The authorized representatives of the shareholders must additionaly
posses a proxy  approved by the procedure prescribed by law. 


Managing Director   
Gediminas Ceika
+370 315 56206