AB PST Draft decisions of Annual General Meeting of the shareholders

Panevėžio statybos trestas AB
Draft decisions of Annual General Meeting of the shareholders

The draft decisions suggested by the General Meeting of the shareholders to be
convened on 24 April 2007 are as follows: 

1. Audit conclusions regarding the Financial Statement and Annual Report of the
Company for the year 2006. 
Decision: To assent to the Auditor‘s conclusions regarding the audit of the
Financial Statement of the Company for the year and the conformity of the
Annual Report to the Financial Statement of the Company for the year 2006.
(Appendix 1) 

2. Annual Report of the Company for the year 2006.
No decision is taken on this item.(Appendix 1)

3. Approval of the Financial Statement of the Company for the year 2006.
Decision: To approve the financial statement of Panevėžio statybos trestas AB
for the year 2006. (Appendix 1) 

4. Distribution of profit (loss) of the Company for the year 2006.
Decision: To approve the following allocation of profit (loss) of Panevėžio
statybos trestas AB for the year 2006: 
1) undistributed profit (loss) of the previous financial year at the end of the
accounting year 7568596 Lt ( 2192017 EUR); 
2) net profit (loss) of the accounting year  17628323 Lt ( 5105515 EUR);
3) profit (loss) of the accounting financial year unrecognized in the statement
of income  848867 Lt ( 245849 EUR); 
4) transfers from reserves - 0  Lt (0  EUR);
5) contributions of shareholders to cover loss of the company (in case of the
shareholder decision to cover all or a part of losses) -  0  Lt (0 EUR); 
6)allocated profit (loss) totaling  26045786 Lt ( 7543381 EUR); 
7) a part of profit to the required reserve  15845 Lt ( 4589 EUR);
8) a part of profit to the reserve for the acquisition of own shares - 0 Lt (0
EUR); 
9) a part of profit to other reserves - 0 Lt (0 EUR);
10) a part of profit for dividend paying  2644248 Lt ( 765827 EUR);
11) a part of profit for annuity (bonuses) for the members of the board and
supervisory council, premium pays for employees and other purposes 231000 Lt (
66902 EUR); 
12)undistributed profit (loss) at the end of the financial year transferred to
the next financial year  23154694 Lt ( 6706063 EUR). 


Managing Director	        Dalius Gesevičius

Prepared by: Finance Directress Dalė Bernotaitienė