AB Lietuvos Telekomas        Stock Exchange Release             19.10.2005



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



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 

52.6 million euro over the revenue of 51.5 million euro a year ago. 

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

than year ago and amounted to 157.1 million euro (156.1 million euro in 2004).



- Operating expenses for nine months of 2005 continuously went down 

by 2.7 per cent and amounted to 80.5 million euro (82.8 million euro in 2004).



- EBITDA for the nine months’ period went up by 4.2 per cent to 77.7 million

euro (74.5 million euro 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 23.2 million 

euro (9 million euro in 2004) and net profit for the period amounted to 

17.6 million euro, an increase by 2.4 times over 7.5 million euro 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 61.1 million euro (42.3 million euro

in 2004). In spite of payout of dividends (29.3 million euro) cash and cash 

equivalents during January – September of 2005 increased by 29.2 million euro 

while in 2004 decreased by 20.9 million euro.



- Investments for nine months of 2005 amounted to 12.5 million euro 

(13 million euro in 2004).





Jan-Erik Elserius,

Chief Financial Officer – Deputy General Manager,

+370 5 236 76 03