LIETUVOS ELEKTRINĖ

MATERIAL EVENT



ACTIVITY RESULT OF THE 1ST QUARTER OF 2003



(Unofficial translation done at the NSEL)



Lietuvos Elektrinė AB earned during the first quarter 2003 LTL 10.501 m

pre-audit net profit.





Rolandas Jankauskas

Chief financier

(370 528) 33 743