VILNIAUS BALDAI AB

MATERIAL EVENT



PRELIMINARY PERFORMANCE RESULT FOR THE 1 ST QUARTER OF 2004



Vilniaus baldai AB preliminary performance result for the 1 st quarter of 2004

is a pre-tax profit of LTL 2,073,246.





Vygantas Didžiulis

Chief Financier

(+370 5) 252 57 20