Lietuvos Juru Laivininkyste AB - Notification on material event

The General Meeting of Shareholders of AB " Lietuvos juru laivininkyste"

Klaipeda, Lithuania, 2011-03-29 15:38 CEST (GLOBE NEWSWIRE) -- 

The  General Meeting of AB „Lietuvos juru laivininkyste” (company code
110865039, registered office at Malunininku str. 3, Lt-92264, Klaipeda), will
take place on April 22, 2011, at 15.00 in Klaipeda. The meeting will be held at
„Zemyna“ school assembly hall , Kretingos str. 23, Klaipeda .Registration of
the participants from 13.00 till 14.30. 



Agenda of the  General Meeting of Shareholders:

1.Regarding Annual report Company for 2010 year.

2.Regarding independent Auditors resoliution.

3.Approval of the financial statements for the year 2010.

4.Regarding transfer 1 283 338,08 Lt (371 680,40 EUR)

from legal reserve.

5.Regarding the profit (loss) distribution for the year 2010.



The  sharesholders meeting has been called on the initiative of Ministry of
Transport of the Republic of Lithuania - the manager of controlling block of
shares and by the resolution of AB „Lietuvos juru laivininkyste“ Board meeting
held on 2011-03-22, minutes No.1 of the Board meeting. 

The account date of the  General Meeting of Shareholders: the 15th of April,
2011. Shareholders, that own AB „ Lietuvos juru laivininkyste“ shares on the
end of the working day of 15th of April, 2011, shall have the right to
participate in convened  General Meeting. 



Shareholders who participate in the  General Meeting of Shareholders must
submit an identity document. Please be informed that each shareholder 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 authorized
persons must have documents, confirming their personal identity and power of
attorney, approved in the manner, specified by law. The authorized persons at
the  General Meeting of Shareholders shall have the same rights as represented
shareholder. Shareholder's right to attend the  General Meeting of 
Shareholders also includes the right to ask. 

Please be informed that the agenda of the  General Meeting of Shareholders may
be supplemented by initiative of shareholders, who own shares no less than 1/20
of all votes. Proposals to the agenda of the  General Meeting of Shareholders
may be submitted by e-mail anastasija.malysevskaja@ltl.lt or delivered to the
Company's registered office at Malunininku str. 3, Klaipeda no later than the
7th of April, 2011. Along with a proposal to supplement the agenda of the
General Meeting of Shareholders must be submitted the drafts of proposed
decisions or, if the decisions shall not be adopted, explanations on each of
the proposed issue. 

Please be informed that shareholders, who own shares no less than 1/20 of all
votes own the right at  any time before  the General Meeting  of  Shareholders
or during the meeting in writing or by e-mail  anastasija.malysevskaja@ljl.lt
propose new draft decisions on the issues already included or to be included in
the agenda of the  General Shareholders Meeting. This proposal should be filled
in writing and delivered to the Company by registered mail, or in person
address Malunininku str.3, Klaipeda. The proposal, submitted during the 
General Meeting of Shareholders, must be filled in writing and delivered to the
secretary of the  General Meeting of Shareholders. 

Shareholders own the right to ask the questions, concerning the agenda of the 
General Meeting of Shareholders, held on the 22 of  April, 2010. Questions may
be submitted by e-mail  anastasija.malysevskaja@ljl.lt  or delivered directly
to the Company's registered office at Malunininku str. 3, Klaipeda not later
than 19th of  April, 2011. Please be informed, that the Company may refuse to
answer to shareholder's questions if they are concerned to the commercial
(industrial) secrets or other confidential information, informing the
shareholder on the refusal to provide asked information, except if it is not
possible to set the shareholder's identity. 

Please be informed, that on decisions which are included into the  General
Meeting of Shareholders agenda can be voted in writing by completing the
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 Meeting of Shareholders 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 duly completed general voting
bulletin must be delivered to the Company by registered mail address
Malunininku str. 3, Klaipeda, or in person against signature, no later than
before the commencement of registration for the General Meeting of
Shareholders. The Company reserves the right not to include in the shareholder
vote, if the general voting bulletin does not meet the third and fourth parts
of the 30 Article of Law on Companies requirements or the general voting
bulletin is written in a way that it is impossible to establish shareholder‘s
will on a separate issue. 

The shareholders at the  General Meeting can't participate and vote 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 
General Meeting of Shareholders, and other information, related to Shareholders
rights, shareholders can access in the company's office during working hours.
More information about the  General Meeting of Shareholders of  AB „ Lietuvos
juru laivininkyste“ (the draft decisions of the  General Meeting of
Shareholders, etc.) also his notice, can be found on the web page of the
company http://www.ljl.lt/. 







Arvydas Stropus

Chief Accauntant

(370 46) 393126