Vilniaus Vingis AB

Company event



Concerning the voluntary tender offer to purchase own shares



Pursuing the resolution of The General Meeting of Shareholders, held on 6 March

2004, the Board of Vilniaus Vingis AB on 3 November 2004 made a decision to

apply to Lithuanian Securities Commission to announce the voluntary tender offer

to purchase 350 000 (three hundred fifty thousand) units of own ordinary

registered shares at the price of LTL 8.50 for each unit. The duration of

voluntary tender offer in Vilnius Stock Exchange is 30 days.





Darius Ožiūnas

Finance Director

(+370 5) 2392523