VILNIAUS BALDŲ KOMBINATAS

MATERIAL EVENT



ACTIVITY RESULT DURING JANUARY - AUGUST 2003



(Unofficial translation done at the NSEL)



During 8 months of the year 2003, the company Vilniaus Baldu Kombinatas AB

earned unaudited net profit of LTL 5.911 m before taxes, or 32 % more than

during the corresponding period last year (LTL 4.472 m). In August 2003 the

company earned profit of LTL 1.103 m.





Gediminas Banaitis

Chief financier

(370 5) 252 57 20