Panevezio Statybos Trestas

Pre-Annual General Meeting Information • Apr 15, 2008

Disclosure 257753

Panevezio Statybos Trestas AB - Notification on material event

Draft resolution of the annual general meeting of the shareholders

The Board of Panevėžio statybos trestas, AB proposes the following draft resolution of the annual general meeting of the shareholders to be convened on 25 April 2008: 1. The conclusions of the audit regarding the financial statement and annual report of the Company for the year 2007. Decision: To consider the opinion provided to the shareholders of Panevėžio statybos trestas, AB and included in the conclusion of the independent auditor when approving the consolidated and financial statement of the Company for the year 2007, and assenting to the consolidated annual report of Panevėžio statybos trestas, AB for the year 2007. 2. The annual report of the Company for the year 2007. Decision: To assent to the consolidated annual report of Panevėžio statybos trestas, AB for the year 2007. 3. The approval of the financial statement of the Company for the year 2007. Decision: To approve the consolidated and financial statement of the Panevėžio statybos trestas, AB for the year 2007.. 4. The distribution of profit (loss) of the Company for the year 2007. Decision: To approve the following distribution of profit (loss) of Panevėžio statybos trestas, AB for the year 2007: 1. Undistributed profit (loss) of the previous financial year at the end of the accounting financial year 23250411 Lt (6733785 EUR); 2. Net profit (loss) of the accounting financial year 24845318 Lt (7195701 EUR); 3. Profit (loss) of the accounting financial year unrecognized in the statement of income 100207 Lt (29022 EUR); 4. Transfers from reserves - 0 Lt (0 EUR); 5. Contributions of shareholders to cover the loss of the Company (in case of the shareholder decision to cover all or a part of loss) - 0 Lt (0 EUR); 6. Profit (loss) available for distribution totalling 48195936 Lt (13958508 EUR); 6.1. a part of profit to the required reserve 0 Lt ( 0 EUR); 6.2. a part of profit to the reserve for the acquisition of own shares - 0 Lt (0 EUR); 6.3. a part of profit to other reserves - 0 Lt (0 EUR); 6.4. a part of profit for dividend paying 3760500 Lt (1089116 EUR); 6.5. a part of profit for annuity (bonuses for the members of the Board and Supervisory Board, premium pays for employees and other purposes 326000 Lt (94416 EUR); 7. The undistributed profit (loss) at the end of the accounting financial year transferred to the next financial year 44109436 Lt (12774976 EUR). 4. Elections of a member of the Board. Decision: A new member of the Board shall be proposed and elected at the meeting of the shareholders. As for dividends it shall be distributed LTL 0.23 (0.067 EUR) per ordinary registered share LTL 1 per value of JSC Panevezio statybos trestas. In total it shall be allocated LTL 3760500 (1089116 EUR) to dividend payment. For more information contact: Dalė Bernotaitienė Finance Director at PST AB Phone: 8 45 505 507