Vilniaus Vingis AB

Company event



Regarding preliminary profit and valuation of long-term assets of Vilniaus

Vingis AB



Preliminary unaudited net profit of Vilniaus Vingis AB of three quarters of 2004

is LTL 5.7 million.



In September 2004 valuation of long-term tangible immovable assets (their value

in the balance sheet is LTL 16.2 million) of Vilniaus Vingis AB was made.

According to the conclusions of the company UAB Korporacija Matininkai the

market value of long-term tangible immovable assets of Vilniaus Vingis AB stood

at LTL 33,2 million on the 30 September 2004.





Darius Ožiūnas

Finance Director

(+370 5) 2392523