LIFOSA

MATERIAL EVENT



TURNOVER OF THE 1ST QUARTER OF 2003



(Unofficial translation done at the NSEL)



The income of Lifosa AB of the 1st quarter of 2003 was LTL 207 m, which is

37 per cent more than during a corresponding period last year.



Production of diammonia phosphate (DAP) fertilizer during the 1st quarter

amounted to 341 thousand tones, which is 43.6 per cent more than during a

corresponding period last year.





Zigmas Ežerskis

Finance Director at interim

(370 347) 66 262