KLAIPEDOS BALDAI

MATERIAL EVENT



PRELIMINARY OPERATING RESULT OF THE NINE MONTHS OF 2003



(Unofficial translation done at the NSEL)



On 22 October 2003, the Board of Klaipedos Baldai AB approved the preliminary

unaudited operating result of the nine months of 2003 – a profit of LTL

5,113,830 before taxes.





Dalius Jarmalavicius

Finance Director

(+370-46) 31 39 58