INVALDA MATERIAL EVENT ADOPTED DECISIONS OF A GENERAL SHAREHOLDERS’ MEETING 1. On 27 April 2000 a general repeated meeting of the holding company Invalda (register code 2130434, 6/2 A. Juozapavičiaus St, Vilnius) shareholders took place. Having heard reports of A. Rimkus, chairman of the Board, and of UAB Auditas, auditing company, report of the Board on activity of the holding company Invalda in 1999 was approved. In addition, Transactions concluded by thecompany, financial statements, and profit distribution were approved. Dividends of 3 (three) percent of the share nominal value were announced. Persons who were the company’s shareholders on 27 April 2000 are entitled to dividends. UAB Auditas was elected auditting comapny for the year 2000 and terms of payment for audit services were determined. The meeting decided to sell shares of some companies. 2. On 26 April 2000, pursuant to the decision of a shareholders meeting of 30 April 1999, shares of UAB Visagino duona were sold. The sold block of shares makes up 10.02 percent of the authorised capital of KIB Invalda. Lina Semėnaitė Information specialist 8-22 72 18 58
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