OREANDA-NEWS. The General Meeting of Sharesholders of PC „Lithuanian shipping company” (company code 110865039, registered office at Malunininku str. 3, Lt-92264, Klaipeda), will take place on April 25, 2014, at 14.00 in Klaipeda. The meeting will be held at Vites primary school assembly hall , Svyturio str. 2, Klaipeda. Registration of the participants from 12.00 till 13.30.

Agenda of the General Meeting of Shareholders:

Regarding Annual report of the Company for the year 2013

Regarding Independent Auditors resoliutions.

Appropval of the financial statements for the year 2013.

Regarding for the profit (loss) distribution for the year 2013

Regarding the restoration of ratio of equity and share capital..

The General Meeting of Shareholders 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 PC „Lithuanian shipping company“ Board meeting held on

2014-03-31, minutes No.2 of the Board meeting.

The account date of the General Meeting of Shareholders: the 17th of April, 2014. Shareholders, that own PC „Lithuanian shipping company“ shares on the end of the working day of 17th of April, 2014, shall have the right to participate in convened General Meeting.

Property rights shall be held by persons who will be PC “ Lithuanian shipping company ” shareholders at the end of the tenth working day after the General shareholders meeting having adopted the respective decision. The rights accounting day is 12 May, 2014.

The purpose of the reducion of the Company's share capital - to eliminate the losses recorded in the balance sheet of the Company.

The way of the reduction of Company's share capital - cancelation of the Company's shares.