EKRANAS AB               Stock Exchange Release                18/08/2005



The Board discussed the situation on the global market of electronics industry faced by 

all the market participants. According to the biggest Turkish TV producers’ statistics, 

in January – July 2005 color TV production decreased by 17%, compared to January – July, 2004.

According to the ECID statistics (January – July, 2005), the production of new technology

products (LCD, plasma and RPTV) decreased from 151685 pcs to 133002 pcs (by 12,5%),

whereas consumption of the TVs with color picture tubes dropped from 1032052 pcs to

997491 pcs (only by 3.35%).



The Board stated that the production and sales decrease is not only in color television, but

also of other consumer products, including car industries.



Having assessed the situation on the global market and financial results of the first six months

of year 2005 in comparison to those of other European and also Asian color picture tube and

new technology manufacturers, the Board stated that EKRANAS AB position is sufficiently

satisfactory.



Antidumping statement to the European Commission regarding initiating proceedings against

7 states is on final stage for submission to European DG Trade Commission.



The Board has made the following resolutions:



1.To convene the following meeting in September after the exhibition in Berlin and

 revise the forecasts for year 2005.



2.To convene the extraordinary general meeting of stockholders in November, 2005,

 and deliberate the issue regarding the authorized capital increase by 14.2 mill. LTL 

( 4.1 mill. EUR).



3.To authorize the Chairman of the Board Mr.E.Žvybas to hold negotiations and

 conclude the contract on purchasing of technical documents from EGlass for the

 production of LCD glass in EKRANAS AB.



4.To agree with new trends of business development in the company and continue the

 activities started.



5.To confirm the production of the new generation “Slim type” CPTs in EKRANAS AB.



6.The Board of EKRANAS AB noted with satisfaction the start of pilot-run of the new

 generation 21” “Slim type” CPT in EKRANAS AB - the future of color picture tubes

 in the world CPT industries.



Angelija Zokaitienė

Director of REKLAMOS POREIKIS UAB

Phone: +370 699 88330