LIETUVOS ZEMES UKIO BANKAS

MATERIAL EVENT



UNAUDITED PROFIT OF AB LZUB FOR QI



The unaudited net profit of AB Lietuvos Zemes Ukio Bankas, earned in the first

quarter of 2002, is LTL 343thou. The Bank’s unaudited net profit earned in the

first quarter of 2001 is LTL 4671thou.





Imandra Daukšienė

Spokesperson to the press

23 90 00