BANKAS SNORAS

MATERIAL EVENT



BANKAS SNORAS AB ABOUT THE RESULT FROM FINANCIAL OPERATIONS DURING THE THREE

QUARTERS OF 2003



(Unofficial translation done at the NSEL)



During the three quarters of 2003, Bankas Snoras AB earned unaudited net profit

of LTL 6.2 million from financial operations.





Sergej Lomovskoj

Director of Finance Brokerage Department

(+370~5) 265 26 62