ZEMAITIJOS PIENAS

MATERIAL EVENT



PERFORMANCE RESULT FOR THE NINE MONTHS OF 2003



(Unofficial translation done at the NSEL)



Zemaitijos PienasAB announces unconsolidated unaudited profit of LTL 4.3 m

as their preliminary result from operations during the nine months of 2003.





Dalia Gecienė

Chief Financier

(370 444) 22206