OREANDA-NEWS. On 22 April 2009 was announced, that the Management Board of Rytu skirstomieji tinklai, AB (company code 110870890, registered office at P.Luksio st. 5B, LT-08221, Vilnius) approved draft resolutions of the Ordinary General Meeting of shareholders, to be held on 30 April 2009:

 1.     Approval of 2008 Consolidated Annual Report.

Draft resolution:

„To approve 2008 Rytu skirstomieji tinklai, AB Consolidated Annual Report (attached) “.

2.     Approval of 2008 consolidated and Rytu skirstomieji tinklai, AB financial statements.

Draft resolution:

„To approve 2008 consolidated and Rytu skirstomieji tinklai, AB financial statements (attached) “.

3.     Distribution of Rytu skirstomieji tinklai, AB profit (loss) of 31 December, 2008.

Draft resolution:

„To approve the distribution of Rytu skirstomieji tinklai, AB the profit (loss) of 31 December, 2008:

Articles

Amount, Lt

The unappropriated balance of the balance not available for distribution of the previous financial year in the beginning of the accounting financial year

Net profit (loss) of the accounting financial year

-80.080.656

The profit of the accounting financial year not recognized as such in the profit (loss) account

169.357.779

The contributions of shareholders to cover the loss of the enterprise

Transfers from the reserves

333.518.792

Distributable profit (loss) in total:

422.795.915

Distribution of profit:

- The slice of the profit appropriated to the legal reserves

- The slice of the profit appropriated to the reserve for purchasing own shares

- The slice of the profit appropriated to other reserves

- The slice of the profit appropriated to pay out dividends

- The slice of the profit appropriated for annual payouts (bonuses), premium pays and other

Profit (loss) brought forward from the previous year at the end of the current year is put forward to the next financial year

422.795.915

 4.     Election of audit company and approval of payment conditions for audit services.

Draft resolution:

“To elect audit company „PricewaterhouseCoopers”, UAB for the audit of financial statements for the year 2009 of Rytu skirstomieji tinklai, AB (including consolidated financial statements) and to approve remuneration conditions in amount not bigger 80 000 Lt  (VAT excluded)”.

Registration of shareholders starts on April 30, 2009 at 8 a.m. and ends at 8:50 a.m.

The accounting day of the Ordinary General Meeting of Shareholders is 23 April, 2009.

The shareholders shall submit ID documents on arrival. Shareholders’ proxies must also have a power of attorney certified in accordance with the procedure, established by law.

The documents, related to the agenda of the Ordinary General Meeting, shall be available for the shareholders on the website of Rytu skirstomieji tinklai, AB at http://www.rst.lt and on the website of NASDAQ OMX Vilnius, AB at http://www.nasdaqomxbaltic.com.