PANEVEZIO STATYBOS TRESTAS

MATERIAL EVENT



ACTIVITY RESULT OF THE 1ST QUARTER OF 2003



(Unofficial translation done at the NSEL)



Panevėžio Statybos Trestas AB suffered during the first quarter 2003

a preliminary loss of LTL 520 thousand.





Alvydas Morkvėnas

Finance Director

(370 45) 505 508