VILNIAUS VINGIS

MATERIAL EVENT



VILNIAUS VINGIS AB ANNOUNCES PROFIT OF THE NINE MONTHS



(Unofficial translation done at the NSEL)



On October 16, 2003 Vilniaus Vingis AB has approved the operating results of

the first nine months of the year and announced unaudited net profit of

LTL 7.4 million.





Pelanis Ramūnas

Head of the Department

(+370-5) 2392711