Grigeo
Interim information

The interim consolidated report of GRIGISKES AB covering the three months of 2012 and endorsement of the responsible persons

Vilnius, Lithuania, 2012-05-31 15:23 CEST -- Over the three months of 2012 the Group which consists of producing companies GRIGISKES AB, Baltwood UAB, Klaipedos kartonas AB and Mena Pak OAO reached a turnover of LTL 72.7 Mio (EUR 21.1 Mio), which is by LTL 3.9 Mio (EUR 1.1 Mio) or 5.1 % less than it was reached over the same period of 2011.

The Group’s profit before taxes reached LTL 1.2 Mio (EUR 0.3 Mio) and is by LTL 0.4 Mio (EUR 0.1 Mio) less that it was over the same period of 2011.

Over the three months of 2012 the GRIGISKES AB reached a turnover of LTL 25.6 Mio (EUR 7.4 Mio), which is by LTL 16.3 Mio (EUR 4.7 Mio) or 38.9 % less than it was reached over the same period of 2011. On the 2^nd of December 2011 disclosed transference of a part of activities to a subsidiary is the main reason of mentioned turnover decrease.

The Company’s profit before taxes reached LTL 2.2 Mio (EUR 0.6 Mio) and is by LTL 1.8 Mio (EUR 0.5 Mio) higher that it was over the same period of 2011.

More information is provided in the interim consolidated report of GRIGISKES AB covering the three months of 2012 with endorsement of the responsible persons (see attachments).

On the 9^th of January 2012 proclaimed forecast of financial indicators for the year 2012 of GRIGISKES AB and the Group shall not be amended and shall remain valid.

         Gintautas Pangonis
         President of GRIGISKES AB
         (+370-5) 243 58 01