Concolidated unaudited preliminary results for the the year

Snaige AB              Stock Exchange Release                    15-02-2007 

Concolidated unaudited preliminary results for the the year 2006 and forecast for the year 2007

1. Results for the the year 2006
Total turnover and other operating income  LTL 357.0 million (EUR 103.4 million);
Pre-tax profit (loss)                      LTL -10.1 million (EUR -2.9 million);
EBITDA                                     LTL 13.7 million (EUR 4.0 million)
2.Forecast for  the year 2007
Revenue and other operating income: LTL 468.8 million  (EUR 135.8 million);
Pre-tax profit                      LTL  10.2 million (EUR 3.0 million);
Net profit                          LTL  8.4 million (EUR 2.4 million);
EBITDA                              LTL 34.3 million (EUR 9.9 million)
Negative consolidated result was driven by difficulties in Russian market - high stocks of
goods and price reduction at distributors. Also because of increased risk the company 
made bad debts accruals for sales in 2004-2005 for amount  LTL 9,8 million (EUR 2.8 million).

Managing Director   
Mindaugas Sestokas
+370 315 56206