VILNIAUS VINGIS

MATERIAL EVENT



ACTIVITY RESULT FOR THE 1ST QUARTER OF 2003



(Unofficial translation done at the NSEL)



On 18 April 2003, the Board of Vilniaus Vingis AB approved the company’s

activity result for the 1st quarter of 2003, which is LTL 2.950 m. pre-audit

net profit earned from the sales of production for LTL 35.2 m.





Ramūnas Pelanis

Department Head

(370 5) 2392711