VILNIAUS VINGIS

MATERIAL EVENT



SEMI – ANNUAL RESULT OF PERFORMANCE IN 2003



Unofficial translation done at the NSEL)



On 15 July 2003, the Management Board of Vilniaus Vingis AB approved the

company’s semi-annual results of activities in 2003: having sold its products

for LTL 64.6 million the company earned unaudited net profit of LTL

5.6 million, which is by 13.8% less than during the same period in 2002.





D.Ožiūnas

Finance Director

(370 5) 239 25 23