UTENOS TRIKOTAZAS

MATERIAL EVENT



ISSUER'S TRIAL PROFIT/ LOSS ACCOUNT FOR 1999



On 1 March, 2000 the sitting of AB Utenos Trikotažas Board approved

the report on economic activity in 1999.

The unaudited net profit of AB Utenos Trikotažas for 1999 stands at

LTL 13.1 million.





Lina Semėnaitė

Information specialist

(22) 72 18 58