Klaipedos Nafta AB

Company event



Regarding changes in the Board of the Company



Mr. Evaldas Bivilis, a member of the Board of SC Klaipedos Nafta, has resignated

as from November 15, 2004. The Supervisory Board has elected a new member of the

Board Mr. Vladas Gagilas, Director of Energy Resources Department of the

Ministry of Economy.





D.Jasadaviciute

Chief Lawyer

(370 46) 391626