LISCO BALTIC SERVICE

MATERIAL EVENT



PRELIMINARY ACTIVITY RESULT FOR THE ACCOUNTABLE PERIOD



(Unofficial translation done at the NSEL)



Sales of LISCO BALTIC SERVICE AB during the 1st quarter of 2003 amounted to

LTL 33 947 thousand, activity result is profit of LTL 815 thousand (activity

result over a corresponding period last year was loss of  LTL 2 615 thousand).

The company does not change the forecast for 2003 activity results.





Martynas Jonkus

Specialist of Insurance and Claims Department of LBS

(370 46) 393631