12.12.2003, Limarko laivininkystės kompanija, VLN

KLAIPEDOS TRANSPORTO LAIVYNAS

MATERIAL EVENT



THE REDUCTION OF AUTHORIZED CAPITAL



National Securities Exchange of Lithuanian Republic by its decision abolished

21 344 522 ordinary nominal shares of Klaipeda Transport Fleet LTD, their face

value is 1 litas.





Marius Dvareckas

Finance director

8 (46) 34 08 96