LIETUVOS ZEMES UKIO BANKAS

MATERIAL EVENT



ISSUER'S TRIAL PROFIT/ LOSS ACCOUNT FOR 1999



The preliminary unaudited net profit  of AB Lietuvos Žemźs Ūkio Bankas for

1999 amounted to LTL 11, 846, 000.

In 1998 the Bank's audited net profit made up LTL 13, 242, 000.





Lina Semėnaitė

Information specialist

(22) 72 18 58