MAZEIKIU NAFTA

MATERIAL EVENT



ELECTION OF CHAIRMAN OF THE COUNCIL OF OBSERVERS OF MAZEIKIU NAFTA AB



On 21 September 2002, at the meeting of the Council of Observers of

Mazeikiu Nafta AB it was decided to elect Vladas Gagilas chairman of

the Council of Observers pf Mazeikiu Nafta AB for the period of one year.





Tadas Augustauskas

Head of the communications service

293-92608