PANEVEZIO PIENAS

MATERIAL EVENT



PERFORMANCE RESULT FOR THE NINE MONTHS OF 2003



(Unofficial translation done at the NSEL)



Panevezio Pienas AB announces an unaudited performance result of the nine

months of 2003, which is a  profit of LTL 3 364 569.





Gediminas Sargūnas

Managing Director

(+370-45) 502064