OREANDA-NEWS. April 6, 2011. On the initiative and decision of the Company's Management Board the Ordinary General Shareholders Meeting of Vilniaus baldai AB (identification code 121922783, address Savanoriu ave. 178, Vilnius. LT-03154) is to be held on 28 April, 2011 at 10:30 a. m. in Savanoriu ave. 178, Vilnius.

Registration of the shareholders will start at 10:00 a. m. Only the persons who are the shareholders of the Company at the end of the accounting day of the Ordinary General Shareholders Meeting (April 20, 2011) are entitled to participate and to vote at the General Shareholders meeting. Shareholders‘ rights accounting day - May 12, 2011.

The Management Board of Vilniaus baldai AB approved the Company‘s draft resolutions of the Annual General Shareholders meeting:

1.    Consolidated annual report.

1.1. To get acquainted with Company‘s consolidated annual report for 2010.

2.    Company's auditor's report.

2.1. To get acquainted with Company‘s auditor‘s report.

3.    Approval of the Company's financial statements for 2010.

3.1. To approve Company's financial statements for 2010.

4.     Approval of the Company‘s consolidated financial statements for 2010.

4.1. To approve Company‘s consolidated financial statements for 2010.

5.     Approval of the Company‘s profit distribution for 2010.

5.1. To approve 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     8 065 355
                                                                                                          LTL           EUR
Distributable result                                                           30 617 621     8 867 476
                                                                                                          LTL           EUR
Transfers to the obligatory reserves                                                -             -
Profit transfers to the reserves for own shares                              -             -
 acquisition                                                                   
Transfers to other reserves                                                                -             -
To be paid as dividends                                                   11 658 801     3 376 622
                                                                                                           LTL           EUR
To be paid as annual payments (bonus) to board of      399 000 LTL   115 558 EUR
Undistributed retained earnings, carried forward        18 559 820     5 375 296
                                                                                                    LTL           EUR

3 LTL (0.87 EUR) of dividends per one ordinary share.


The documents related to the agenda, draft resolutions on every item of agenda, documents what have to be submitted to the General Shareholders Meeting and other information related to realization of shareholders rights are available at the registered office of the Company during working hours.