VILNIAUS BALDŲ KOMBINATAS

MATERIAL EVENT



PROPOSAL TO PAY DIVIDENDS FOR 2003



It will be proposed to pay dividends for 2003 at the rate of LTL 1 per share at

the general meeting of the company’s shareholders to be held on 17 March 2004.





Zita Tumasonienė

Acting Chief Financier

(+370 5) 252 57 21