Stumbras AB - Notification on material event

Resolutions of the ordinary General Meeting of Shareholders of Stumbras AB

Resolutions of the ordinary General Shareholder Meeting of AB Stumbras,
convened on the 23rd of April 2010: 
1. On the Company's Annual Performance Report 2009.
Resolution: Annual Performance Report 2009 and annex thereto “On the Compliance
with the Corporate Governance Code for the Companies Listed on Vilnius Stock
Exchange” was debriefed. 
2. Approval of Annual Financial Statements.
Resolution: approve the Company's Annual Financial Statements 2009 and the
Auditor's Conclusion on the Financial Statements. 
3. Profit (Loss) Allocation.
Resolution: approve the Company's Profit (Loss) Allocation of the year 2009: 
1) Retained earnings (loss) of the previous financial year at the end of the
financial year - LTL 4.427.942,45 (EUR 1.282.420,78); 
2) Net profit (loss) of the reporting year - LTL 23.165.849,08 (EUR
6.709.293,64); 
3) Unrecognized profit (loss) in the profit (loss) account for the reporting
year - none; 
4) Transfers from reserves - none;
5) Shareholder contributions to cover losses (in case if shareholders have
decided to cover all of any part of losses) - none; 
6) Distributable profit (loss) - LTL 27.593.791,53 (EUR 7.991.714,42);
7) Share of profit allocated to the legal reserve - none;
8) Share of profit allocated to the reserve for acquisition of own shares -
none; 
9) Share of profit allocated to other reserves - none;
10) Share of profit allocated to pay out dividends - LTL 20.000.000,00 (EUR
5.792.400,37) or LTL 0,5 (EUR 0,14) per one ordinary share with par value of
LTL 1.00; 
11) Share of profit allocated to annual fees (bonuses) payable to members of
the board of directors and members of the supervisory council, employee bonuses
and other purposes - none; 
12) Retained earnings (loss) at the end of the reporting financial year that is
forwarded to the following financial year - LTL 7.593.791,53 (EUR
2.199.314,05). 
4. On appointment of an audit company and terms of remuneration for audit
services. 
Resolution: appoint the audit company UAB PricewaterhouseCoopers to carry out
audit of the Company's Financial Statements of the year 2010. Set the amount of
the fee payable for audit services - LTL 72.000 (VAT excluded) Authorize the
Company's Director General to sign an agreement with UAB
PricewaterhouseCoopers. 
5. On approval of the Regulations of the Audit Committee of the Company.
Resolution: Approve the Regulations of the Audit Committee of the Company.
6. On amendment of the Company's Articles of Association.
Resolution: Approve the new wording of the Company's Articles of Association.
Authorize the Company's Director General Mr. Česlovas Matulevičius to sign the
new wording of the Company's Articles of Association and carry out any and all
actions related to registration of the new wording of the Company's Articles of
Association with the right to re-authorize another person to carry out the
aforementioned actions. 


Dalius Balceris
Member of the Supervisory Board
+ 370 5 2786 065