KLAIPEDOS NAFTA

MATERIAL EVENT



CHANGE OF THE SHAREHOLDER'S PART IN THE AUTHOR. CAPT.



AB Naftos Terminalas aqcuired a block of AB Klaipėdos Nafta shares. The block

value accounts for over 75% of the authorised capital of the issuer.On 28

February, 2000 AB Naftos Terminalas exceeded the limit subject to declaration.





Lina Semėnaitė

Information specialist

(22) 72 18 58