Invalda AB - Notification on material event

Draft decisions for the General Shareholders meeting of Invalda AB

The Management Board of Invalda AB (identification code 121304349, registered
address Seimyniskiu str. 3, Vilnius; office located at Maironio str. 11,
Vilnius) approved draft decisions for the General Shareholders meeting  to be
held on 30 April, 2009 at 10 a.m. in Seimyniskiu str. 1, Vilnius (hotel
„Holiday Inn Vilnius“): 
1. Auditor‘s report.
2. Consolidated annual report.
3. To approve Company's and consolidated financial statements for 2008.
4. To approve distribution of Company's profit for 2008:
   1) Retained earnings (loss) at the end of the last financial year: 0 LTL (0
EUR) 
   2) Net profit (loss) for the financial year: 1.593.530 LTL (461.518 EUR)
   3) Profit (loss) not recognized in the income statement of the reporting
financial year: 0 LTL (0 EUR) 
   4) Transfers from reserves: 0 LTL (0 EUR)
   5) Shareholders contributions to cover loss: 0 LTL (0 EUR)
   6) Distributable profit (loss) in total
   7) Profit transfers to the legal reserves: 0 LTL (0 EUR)
   8) Profit transfers to the reserves for own shares acquisition: 0 LTL (0 EUR)
   9) Profit transfers to other reserves: 0 LTL (0 EUR)
   10) Profit to be paid as dividends: 0 LTL (0 EUR)
   11) Profit to be paid as annual payments (bonus) to Management Board
members, employees and for other purposes: 0 LTL (0 EUR) 
   12) Retained earnings (loss) at the end of the financial year carried
forward to the next financial year: 1.593.530 LTL (461.518 EUR) 
5. To cancel the Policy of Group employees' participation in Invalda AB capital.
6. To cancel the Policy of remuneration for the management of Invalda AB.
7. To cancel the Policy of payout to Invalda AB shareholders.
8. To cancel the decision to acquire own shares.

Darius Sulnis
President
+370 52734876

Attachments:

ab invalda ifrs en 2008.pdf

_ivl1l_annual report_2008_en_with_opinion.pdf