MAZEIKIU NAFTA

MATERIAL EVENT



PRELIMINARY THREE-QUARTER RESULT OF OPERATION OF MAZEIKIU NAFTA AB IN 2002



(Unofficial translation done at the NSEL)





The preliminary loss of Mazeikiu Nafta AB incurred during three quarters

of 2002 is LTL 172.8 million (according to the US GAAP).





Tadas Augustauskas

Head of Communications Service

(370 443) 92608