Vilniaus Degtine AB - Notification on material event

Resolutions of the General Shareholder Meeting of Vilniaus degtine AB 06.04.2011

1.Auditor's opinion on the company's financial statements and on the company's
yearly report. 

Resolution: Approve Auditor's opinion.



2. The general shareholders Meeting heard proposals and comments of the
Supervisory Board. 



3. Approval of the company's yearly report for the year 2010.

Resolution: Approve the company‘s yearly report for the year 2010.



4. Approval of the set of company's financial statements for the year 2010.

Resolution:

Approve the set of company‘s financial statements for the year 2010, according
to which the Company's assets as of the 31st December 2010 were LTL 76,694,500
(EUR 22,212,263) owner's equity - LTL 38 960 347  (EUR 11,283,696), and net
loss of the economic year - LTL 335,921 (EUR 97,289). 



5. Company's profit appropriation for 2010

Resolution:

Results of the year 2010:

1. Retained profit (loss) of previous financial year - at the beginning of the
year under report LTL 12,446,994 (EUR 3,604,898) 

2. Net profit (loss) of the year under report LTL 335,921  (EUR 97,289)

3. Profit (loss) of the financial year under report not recognised on the
Profit & Loss Statement - absent 

4. Transfers from reserves - absent

5. Shareholder contributions to cover the Company's losses - absent

6. Allocated profit (loss), total LTL 12,111,073  (EUR 3,507,609)

7. Share of profit allocated to the statutory reserve - absent

8. Share of profit allocated to the reserve for purchase of own shares - absent

9. Share of profit allocated to other reserves - absent

10. Share of profit allocated to payment of dividends - absent

11. Share of profit allocated to annual allowances (bonuses) to members of the
Board of Directors and the Board of Observers, to employee bonuses and other
purposes - absent 

12. Retained profit (loss) at the end of the year under report, moved forward
to the following year LTL 12,111,073 (EUR 3,507,609) 



6. Election of the audit company and determination of the terms of payment for
audit services 

Resolution:

1. Elect audit company Rimess UAB to the position of the auditors of Vilniaus
degtinė AB. 
2. Authorise the Company's Managing Director (CEO) to sign service provision
agreement with the Company's auditor Rimess UAB with regard to execution of the
audit of Annual Financial Statements 2011, paying for the services the price
agreed by the parties. 





Audra Jauniškienė

Finance and Administration Director

(+370 5) 213 3152