KLAIPEDOS BALDAI

MATERIAL EVENT



PRELIMINARY SEMI-ANNUAL RESULT OF PERFORMANCE



On 17 July 2002, the Management Board of AB Klaipedos Baldai approved that the

preliminary profit earned during six months of 2002 is LTL 2,560.thousand.





Dalius Jarmalavičius

Director of Economics

(26) 31 39 58