VILNIAUS VINGIS

MATERIAL EVENT



AB VILNIAUS VINGIS REVISED ITS BUSINESS FORECASTS



On 13 May 2002, the Management Board of Vilniaus Vingis approved the revised

business forecast for the year 2002. After the company’s current clients (AB

Ekranas (Lithuania), LG Philips Displays Wales (England) and new clients

Samsung SDIHU Ltd.(Hungary) and  LG Philips Displays Hua Fei (China) increased

their orders by LTL 13 million, AB Vilniaus Vingis expects sales volumes to

reach at least LTL 160 million (by 16.2% more than in 2001).

The anticipated result of performance is net profit of at least LTL 12 million.





Ramūnas Pelanis

Head of the division

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