VILNIAUS VINGIS

MATERIAL EVENT



SALES REVENUE OF VILNIAUS VINGIS AB



Sales of Vilniaus Vingis AB for July 2003 constituted LTL 5.4 million. Total

sales for the first half of 2003 (LTL 69.9) dropped by 23% in comparison with

the same period of 2002.

The level of exports this year reaches 70.4% (In January – July 2002 this

ration equaled 67.4%). Notwithstanding a continuous decline in the electronics

sector, the company’s sales in July of this year exceeded the target by LTL 1.3

million.

The company expects to see growing sales after electronics exhibition in Berlin

September of this year.





Ramunas Pelanis

Head of division

(370 5) 2392711