Supreme Counsil of the Republic of Lithuania                          
                           Resolution                                           
                                                                                
                                                                                
         Regarding the Procedure for the Enforcement of                         
         the Law on Spheres of Business Activity wherein                        
           Foreign Investment is Prohibited or Limited                          
                                                                                
                                                                                
     The Supreme Council of the Republic of Lithuania resolves:                 
                                                                                
     1. The  Law on  Spheres of Business Activity wherein Foreign               
Investment is  Prohibited or  Limited shall enter into force from               
the date of its adoption.                                                       
                                                                                
     2. To  establish that  prior to  the adoption  of the law on               
monopoly activities,  firms producing not less than 50 percent of               
the total  amount of  any product  which is  manufactured in  the               
Republic,  and   firms  which  operate  functioning  networks  of               
communications,  electricpower   transmission,  gas,  oil,  water               
supply, heating  and sewage  shall be considered firms enjoying a               
monopoly.                                                                       
                                                                                
     3. Upon  re-registration, the  activity of  foreign  capital               
firms and  joint ventures which had been functioning prior to the               
date of  the entry into force of the Law on Foreign Investment in               
the Republic  of Lithuania  must be in compliance with the Law of               
the Republic  of Lithuania  on the  Spheres of  Business Activity               
wherein Foreign Investment is Prohibited or Limited.                            
                                                                                
     4. Prior  to the  adoption of the Law on Land, plots of land               
shall be leased to foreign capital firms and joint ventures by:                 
     the local  government board  of a district (region) or town,               
when the  total area  of the  plot of  land does  not  exceed  10               
hectares in a rural area and 2 hectares in a town;                              
     the Government  of the Republic of Lithuania in coordination               
with the  local government  board of a district (region) or town,               
when the  total area of the plot of land exceeds 10 hectares in a               
rural area  and 2 hectares in a town, or exceeds 25 kilometers in               
width in a seaside or resort area.                                              
     It shall  be prohibited  to lease  plots of  land  in  areas               
currently under  state protection  or in  areas which  are in the               
process of being put under state protection.                                    
     The Government  of the Republic of Lithuania shall establish               
a more detailed procedure for the leasing of plots of land.                     
                                                                                
                                                                                
Vytautas Landsbergis                                                            
                                                                                
President                                                                       
Supreme Council                                                                 
Republic of Lithuania                                                           
                                                                                
                                                                                
Vilnius                                                                         
2 May 1991                                                                      
No. I-1277