AB Lietuvos Telekomas        Stock Exchange Release             19.10.2005



Results for the third quarter and nine months of 2005 (in litas)



On 18 October 2005, the Board of AB Lietuvos Telekomas approved unaudited 

financial statements of Lietuvos Telekomas’ Group for the third quarter and 

nine months of 2005 prepared according to International Financial Reporting 

Standards.



- During the third quarter of 2005 revenue went up by 2.1 per cent to 

182 million litas over the revenue of 178 million litas a year ago. 

Total revenue for nine months of 2005 was also higher by 0.7 per cent 

than year ago and amounted to 543 million litas (539 million litas in 2004).



- Operating expenses for nine months of 2005 continuously went down 

by 2.7 per cent and amounted to 278 million litas (286 million litas in 2004).



- EBITDA for the nine months’ period went up by 4.2 per cent to 268 million litas 

(257 million litas in 2004) and EBITDA margin was 49.4 per cent 

(47.8 per cent in 2004).



- Profit before profit tax for January - September of 2005 was 80 million litas

(31 million litas in 2004) and net profit for the period amounted to 

61 million litas, an increase by 2.4 times over 26 million litas during 

the same period a year ago.



- Net cash flow after investment activities for the nine months’ period of 2005

increased by 44.4 per cent and amounted to 211 million litas (146 million litas

in 2004). In spite of payout of dividends (101 million litas) cash and cash 

equivalents during January – September of 2005 increased by 101 million litas 

while in 2004 decreased by 72 million litas.



- Investments for nine months of 2005 amounted to 43 million litas 

(45 million litas in 2004).





Jan-Erik Elserius,

Chief Financial Officer – Deputy General Manager,

+370 5 236 76 03