BANKAS NORD/LB LIETUVA

MATERIAL EVENT



THE UNAUDITED RESULT OF  BANKAS NORD/LB LIETUVA  AB FOR THE FIRST HALF OF THE

YEAR 2003



(Unofficial translation done at the NSEL)



The unaudited result of Bankas Nord/LB Lietuva AB as of the half year (six

months) of 2003 is the profit of LTL 10 468 thousand.

Unaudited result as of the half year (six months)of 2002 is the loss of LTL

12 854 thousand.





Imandra Daukšienė

Representative for the press

(370 5) 2393 413