LIETUVOS TELEKOMAS

MATERIAL EVENT



RESULTS FOR YEAR 2000



ON 28 MARCH 2001 AB LIETUVOS TELEKOMAS’ BOARD APPROVED THE AUDITED CONSOLIDATED

FINANCIAL STATEMENTS OF THE COMPANY FOR YEAR 2000.



CONSOLIDATED AB LIETUVOS TELEKOMAS NET PROFIT FOR YEAR 2000 IS 240.4 MILLION

LITAS,CONSOLIDATED REVENUES – 1,038.6 MILLION LITAS.



THE BOARD OF THE COMPANY RESOLVED TO CONVENE A SHAREHOLDERS MEETING

ON 30 APRIL 2001.



THE BOARD IS PROPOSING TO PAY DIVIDENDS OF 0.15 LITAS PER SHARE.





Jan-Erik Elserius

Director of Finance Department

+370 2 36 76 03