MAŽEIKIŲ ELEKTRINĖ

MATERIAL EVENT



SEMI-ANNUAL RESULT OF PERFORMANCE IN 2002



On 19 July 2002, the meeting of the Management Board of Mazeikiu Elektrine AB

approbated the company’s semi-annual result of performance during six months of

2002 which is net pre-tax profit of LTL 4.4 million.





Vargina Ginkuvienė

Chief financier

(293) 97 258