Kauno Energija AB

Company event



Preliminary performance result for the three quarters of 2004



The performance result of Kauno energija AB for the accountable period (ended on

September 30, 2004) is unaudited revenue of LTL 13 439 663.00.

The financial leverage of the company, showing the ratio of debt-to-equity, grew

from 1.50 to 1.96 over the period from the end of 2003 till the end of the

accounting period (September 30, 2004).

The authorized person of the Company, entitled to provide additional information

is I. Krikstaponyte, tel. (+370 37) 305 850 or +370 687 40264.





J. Sereikiene

Head of the Assets Management Division

(+370 37) 305664