MAZEIKIU NAFTA

MATERIAL EVENT



CHANGE OF COMPOSITION OF AB MAŽEIKIŲ NAFTA MANAGEMENT BODIES



On April 30, 2004 AB Mažeikių Nafta Supervisory Council

elected Michail V. Elfimov and Tomas Gižas as members of

the company‘s Board of Directors to replace the resigned

ones Michail B. Brudno and Andrej Kalinin. In AB Mažeikių

Nafta Supervisory Council meeting Piotr Zolotariov has been

elected as a new Chairman of Supervisory Council. In AB Mažeikių

Nafta Board of Directors meeting Nerijus Eidukevičius has been

elected as a new Chairman of the Board of Directors.





Giedrius Karsokas

Head of Communications Department

8 443 92608