LIETUVOS TELEKOMAS

MATERIAL EVENT



RESULTS FOR THE FIRST HALF OF 2003



On 30 July 2003, the Board of AB Lietuvos Telekomas approved unaudited

financial statements of AB Lietuvos Telekomas’ Group for the first half of

2003 prepared according to International Accounting Standards. Consolidated

net profit of Lietuvos Telekomas’ Group for the first half of 2003 was

LTL 1,164 thousand, consolidated revenue - LTL 407,914 thousand.





Jan-Erik Elserius

CFO and Director of Finance Department

+370 5 236 76 03