Pramprojektas AB - Notification on material event

Resolutions of the annual general meeting of Pramprojektas AB that was held on 11.04.2008

It is resolved in the annual general meeting of  Pramprojektas AB of 11.04.2008:

1. The Company‘s annual report of year 2007 (see: Annex) is debriefed.

2. To approve the auditor‘s opinion on Company‘s annual account of year 2007
and on annual report‘s conformity with the annual account of year 2007. 

3. To approve the annual account of year 2007 of Pramprojektas AB.

4. To approve profit/loss appropriation of the year 2007 of Pramprojektas AB:
4.1. the unappropriated profit/loss of the preceding year at the end of the
accounting financial year - 5 747 868 LTL (EUR 1 664 698); 
4.2. the net profit/loss of the financial year - 523 336 LTL (EUR 151 569);
4.3. the profit/loss of the accounting financial year not recognised in the 
profit/loss account - 0 ; 
4.4. the transfers from the reserves - 200 000 LTL (EUR 57 924);
4.5. the shareholders contributions to cover the losses of the company (if
shareholders decided to cover all or some part of losses) - 0; 
4.6. profit/loss available for appropriation at the end of the financial year -
6 471 204 LTL (EUR 1 874 190): 
4.6.1. the share of profit allocated to the legal reserve - 0;
4.6.2. the share of profit of a public limited liability company allocated to
the reserve for  acquiring own shares - 0; 
4.6.3. the share of profit allocated to other reserves - 4 000 000 LTL (EUR 1
158 480); 
4.6.4. the share of profit for the payment of dividends - 0;
4.6.5. the share of profit for the payment of annual bonuses to Board and
Supervisory Board members, payment of incentives to workers and other
allocations - 0; 
4.7. the unappropriated profit/loss at the end of the financial year - 2 471
204 LTL (EUR 715 710). 

5. To elect the audit company Auditoriu biuras UAB and to pay for audit reports
of year 2008 remuneration in amount of 25 000 LTL and VAT. 

6. To elect Mrs. Asta Martinaityte to Supervisory Board members until the
expiry of the term of office of the current Supervisory Board. 


Audrone Vaiciulyte
Specialist of securities
+370 37 404151

Attachments:

pramprojektas annual report 2007.zip.001

pramprojektas annual report 2007.zip.003

pramprojekt code.pdf

pramprojektas annual report 2007.zip.002

pramprojektas annual report 2007.zip.004