LIETUVOS TELEKOMAS

MATERIAL EVENT



ISSUER'S RESULT OF ACTIVITY IN THE FIRST 6 MONTHS OF 2001



AB "Lietuvos telekomas" consolidated unaudited net profit for the first half of

the year 2001 is 66.0 million Litas, consolidated revenues - 535.6 million

Litas.





Jan-Erik Elserius

Director of Finance department

(22) 36 76 03