LIETUVOS ELEKTRINĖ

OTHER INFORMATION



ORDER OF PAYMENT OF DIVIDEND FOR 2003



(Unofficial Translation Done at the NSEL)



The meeting of Lietuvos Elektrine AB shareholders held on 28 April 2004

resolved to allocate dividend to the company’s shareholders in the amount of

LTL 0.0499 per share. Persons who were shareholders of Lietuvos Elektrine AB on

the day of the Annual General Meeting, i.e. on  28 April 2004, are entitled to

dividend.



The dividends will be paid as from 17 May 2004 in the following order:



- to the shareholders, whose shares are held with the financial brokerage firm

Finasta AB (the paying agent of Lietuvos Elektrine AB), the amount of the

dividend less 15% of the capital gain tax will be transferred to the account

opened with any bank in Lithuania specified by the shareholders. The

shareholders are asked to send to Finasta (at 23 Konstitucijos Ave., LT-08105

Vilnius) applications to transfer the dividends, specifying the personal data

of the shareholder (name, surname, personal code, address) and the requisites

of the personal account with the bank (account number, the bank’s name, the

bank’s code). We would like to draw your attention that new 20-digit account

numbers became effective as of 19 January 2004. Due to this reason, in your

application specify the new number of your bank account, which you may learn at

any branch office of the bank. No repeat notices are requested from the

persons, who have informed Finasta about their bank account earlier (those who

had dividends for 2003 transferred to their accounts). Their dividends will be

transferred to the accounts they have specified.



- to the shareholders, whose shares are held with other financial brokerage

firms or bank divisions managing securities accounts, the amount of the

dividend less 15% of the capital gain tax will be transferred to the cash

account opened with that financial brokerage firms or bank division. These

shareholders are asked to contact their securities account manager.



For more information please call Finasta AB:

tel. (+370~5) 278 68 33; 278 68 44.





Rolandas Jankauskas

Chief Financier

(+370-528) 33 743