LIETUVOS TELEKOMAS

MATERIAL EVENT



GROUP IMPROVES EFFICIENCY OF THE GROUP’S MANAGEMENT



On 10 June 2003, the Board of AB Lietuvos Telekomas took a decision on the

number of the Company’s employees.

By the end of the year the number of employees at Lietuvos Telekomas’ Group is

planned to be 3,400.





Egle Gudelyte-Harvey

Director of Legal Division

+370 5 236 72 92