UTENOS TRIKOTAZAS

MATERIAL EVENT



PRELIMINARY OPERATIONAL RESULT FOR THE NINE MONTHS OF 2003



(Unofficial translation done at the NSEL)



Utenos Trikotazas AB has reported an unaudited net profit of LTL 10.984 million

earned during the first nine months of 2003; sales amounted to LTL 99.056

million (International Accounting Standards are applied).





A.Sinkuniene

Accountant

(+370- 389) 63023