LIETUVOS ZEMES UKIO BANKAS

MATERIAL EVENT



UNAUDITED RESULT OF ACTIVITY DURING 6 MONTHS OF 2001



The unaudited net profit of Lietuvos Zemes Ukio Bankas AB for the first two

quarters of 2001 amountes to LTL 12,065thou (unaudited net profit of LTL

3,925thou in 2000).





Imandra Daukšienė

Spokesman to the press

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