OREANDA-NEWS. April 28, 2011. On the 28th of April 2011 the Annual General Shareholders Meeting of Vilniaus Baldai AB adopted the following resolutions:

Item1 of the agenda: Consolidated annual report.

The Company‘s consolidated annual report for 2010 was presented.

Item2 of the agenda: Company's auditor's report.

The report of auditor PricewaterhouseCoopers UAB for 2010 was presented.

Item3 of the agenda : Approval of the Company's financial statements for 2010.

Resolution: to approve Company's financial statements for 2010.

Item4 of the agenda: Approval of the Company‘s consolidated financial statements for 2010.

Resolution: to approve Company‘s consolidated financial statements for 2010.

Item5 of the agenda: Approval of the Company‘s profit distribution.

Before the beginning of the General Shareholders Meeting, the Company received from the shareholder Invalda AB a proposal with new draft decision on this issue of the agenda. During the General Meeting it was decided to approve newly proposed Company‘s profit distribution:

Undistributed retained earnings, brought forward 2 769 563 LTL 802 121 EUR
Net result for the current year 27 848 058 LTL 8 065 355 EUR
Distributable result 30 617 621 LTL 8 867 476 EUR
Transfers to the obligatory reserves - -
Profit transfers to the reserves for own shares acquisition - -
Transfers to other reserves - -
To be paid as dividends 15 545 068 LTL 4 502 163 EUR
To be paid as annual payments (bonus) to board of 795 000 LTL 230 248 EUR
Undistributed retained earnings, carried forward  14 277 553 LTL 4 135 065 EUR
4 LTL (1.16 EUR) of dividends per one ordinary share.