OREANDA-NEWS. The Extraodinary 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 November 11, 2014, at 15.00 in Klaipeda. The meeting will be held at Vites primary school assembly hall , Svyturio str. 2, Klaipeda. Registration of the participants from 13.00 till 14.30.

Agenda of the Extraodinary General Meeting of Shareholders:

Regarding the transfer of the long-term assets of PC " Lithuanian shipping company" .

Draft resolution of the Extraordinary General Meeting of Shareholders of PC „Lithuanian shipping company":

1) To approve the sale of PC „Lithuanian shipping company " long-term assets, i.e. ships "Audre" and " Akvile " ,at market price, leaving the obligation for the Board to decide regarding the approval of the particular transaction(s) of the particular ship(s) and regarding the authorization for the General Director to conclude particular transaction.

The Extraodinary Meeting of Shareholders has been called on the initiative of the manager of controlling block of shares Ministry of Transporto f the Republic of Lithuania by the resolution of PC „Lithuanian shipping company" (2014-10-20, minutes No.5 of the Board meeting).

The account date of the Extraodinary General Meeting of Shareholders: the 4th of November, 2014. Shareholders, that own PC „Lithuanian shipping company" shares on the end of the working day of 4th of November, 2014, shall have the right to participate in convened Extraodinary 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 Extraodinary General shareholders meeting having adopted the respective decision. The rights accounting day is 25th November , 2014.

Shareholders who participate in the Extraodinary General Meeting of Shareholders must submit an identity document. Please be informed that each shareholder may authorize either a natural or a legal person to participate and to vote on the shareholder's behalf at the Extraodinary General Shareholders Meeting. The authorized persons must have documents, confirming their personal identity and power of attorney, approved in the manner, specified by law. The authorized persons at the Extraodinary General Meeting of Shareholders shall have the same rights as represented shareholder. Shareholder's right to attend the Extraodinary General Meeting of Shareholders also includes the right to ask.