LIETUVOS TELEKOMAS

MATERIAL EVENT



RESULTS FOR THE FIRST QUARTER OF 2002



On 25 April 2002, the Board of AB Lietuvos Telekomas approved non-audited

financial statements of AB Lietuvos Telekomas’ Group for the first quarter of

2002 prepared according to International Accounting Standards.

Consolidated Lietuvos Telekomas’ Group net profit for the first quarter of 2002

was LTL 21,408 thousand, revenues - LTL 247,913 thousand.





Jan-Erik Elserius

Director of Finance Dept.

+370 2 36 76 03