Vilniaus Vingis AB		Stock Exchange Release		26.09.2005



Vilniaus Vingis AB is establishing two subsidiaries



On September 23, 2005 the Board of Vilniaus Vingis AB decided to establish 

two subsidiary companies of Vilniaus Vingis AB: Vilniaus Vingio Gija UAB and 

Vilniaus Vingio Mechanika UAB. Vilniaus Vingis AB will be an exclusive 

shareholder of both subsidiaries. They will start production activity on 

January 1, 2006 and will perform the functions of three structural divisions 

of Vilniaus Vingis AB (they are Gija, Maga and Įrankių gamyba).



Vilniaus Vingio Gija UAB main activities will be moulding of plastic parts, 

machining and stamping, electroplating operations (currently these functions 

are performed by division Gija). Vilniaus Vingio Mechanika UAB will design 

and manufacture tools and equipment for various purposes (these activities 

are carried out by divisions Maga and Įrankių gamyba).





Vaclovas Šleinota

General Director

(+370 5) 239 25 00