PIENO ZVAIGZDES

MATERIAL EVENT



NINE-MONTH RESULT OF OPERATION IN 2002



(Unofficial translation done at the NSEL)



The non-consolidated and unaudited result of operation of Pieno Zvaigzdes AB

during nine months of 2002 is a loss of LTL 1,946,818.





Linas Sasnauskas

Finance Director

(370 5) 273 67 83