KLAIPEDOS NAFTA

MATERIAL EVENT



ANNUAL OPERATING RESULTS OF KLAIPEDOS NAFTA AB IN 2003



(Unofficial Translation Done at the NSEL)



The operating result of Klaipedos Nafta AB in 2003 is a profit of

LTL 22,529,006.





D.Jasadaviciute

Chief Lawyer

8 46 391626