VST AB - Notification on material event

The Extraordinary General Shareholders Meeting of VST, AB is called on July 23, 2010, at 10.00 AM

The Board of VST, AB on July 1, 2010 adopted a decision to call the
Extraordinary General Shareholders Meeting of VST, AB (company code -
110870748, registered office at J. Jasinskio str. 16C, Vilnius) and approved
the following agenda of the meeting: 

1.	Amendment of the Bylaws of VST, AB.
2.	Election of the member of the Board of VST, AB.
3.	Election of the audit company for the audit of financial reports of VST, AB
for the year 2010 and set of the terms of remuneration for audit services. 


Initiator of the General Shareholders Meeting: the Board of VST, AB.
The date and time of the General Shareholders Meeting: July 23, 2010, 10.00 AM.
The account date of the General Meeting of Shareholders: the July 16, 2010.
Shareholders that own VST, AB shares on the end of the working day of July 16,
2010, shall have the right to participate in convened General Shareholders
Meeting. 
The General Shareholders Meeting place: Vilnius, J. Jasinskio str. 16C (5th
floor). 
Registration starts: July 23, 2010, 9.25 AM.
Registration ends: July 23, 2010, 9.55 AM.


The shareholders, who own shares no less than 1/20 of all votes, are entitled
to propose to supplement the agenda of the Extraordinary General Shareholders
Meeting submitting draft resolution on every additional item of agenda, also to
propose draft resolutions on the issues already included or to be included in
the agenda of the General Shareholders Meeting. Each shareholder of VST, AB are
entitled to submit questions to the company related to the issues of agenda of
the General Shareholders Meeting in advance. Each shareholder also 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 representative
has the same rights as his represented shareholder 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 which
must be submitted to the company no later than before the end of registration
for the General Shareholders Meeting. 

Shareholder or its representative may vote in writing by filling 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
Shareholders Meeting 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 filled general voting bulletin must be delivered to the
company by registered mail or in person against signature no later than before
the day of the General Shareholders Meeting. 

The shareholders at General Shareholders Meeting can't participate and voting
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
Extraordinary General Meeting of Shareholders (the power of attorney to
represent at the General Shareholders Meeting, voting bulletin of the General
Shareholders Meeting), and other information, related to Shareholders rights,
shareholders can access not later than 21 day until the Extraordinary General
Meeting on the web page of the company http://www.vst.lt/, and also in the
company's office (J. Jasinskio str. 16C, Vilnius) during working hours
(7.30-11.30; 12.15-16.30, on Fridays 7.30-11.30; 12.15-15.15). 

Rimantas Vaitkus
Chief Executive Officer

Person for contacts: 
Jolita Faktorovičienė 
Lawyer of Legal Department 
Phone (8~5) 278 1270