Preliminary results for the year 2006 (in EUR)

TEO LT, AB               Stock Exchange Release             08.02.2007

Preliminary results for the year 2006 (in EUR)


TEO LT, AB Group announces its preliminary unaudited financial results for the 
year 2006 prepared according to International Financial Reporting Standards.

Total Group revenue for the year 2006 was up by 0.7 per cent over the total 
restated revenue of EUR 211.3 million for the year 2005 and amounted to 
EUR 212.8 million. Total revenue excluding revenue from Comliet activities 
grew by 4.6 per cent over the year.

In 2006, EBITDA decreased by 1 per cent to EUR 101.4 million over 
EUR 102.4 million in 2005. EBITDA margin was 47.7 per cent (48.5 per cent in 2005).

Profit before income tax in 2006 was up by 47.5 per cent and amounted to 
EUR 46.4 million (EUR 31.5 million in 2005). 

Profit for the period in 2006 (including minority interest and profit from 
discontinued operations) amounted to EUR 37.8 million, an increase by 
55.3 per cent over EUR 24.3 million in 2005.

Press release and accompanying financial statements are available at 
the Company’s web page www.teo.lt.


Jan-Erik Elserius,
Chief Financial Officer and Deputy General Manager,
+370 5 236 76 03