The 2006 preliminary unaudited consolidated net profit of Baltic Property Trust A/S amounted to DKK 57.6 million (LTL 26.7 million or EUR 7.7 million). Compared to last year's net profit of DKK 41.3 million, the 2006 result marks a significant increase due to significant revaluation gain and a lower yield level. Of the total DKK 57.6 million in net profit, 10.6 million stems from the net rental income of the fund along with realized gains on sale of land property in Latvia. The remaining DKK 47.1 million is a result of a conservative estimated value increase of the property portfolio. 2006 has been a year of strong performance in all property segments. The only segment lagging behind has been the office segment in Vilnius where local market conditions in the beginning of the year were difficult, although improvements have been noticed in the later half of the year. The overall rental yield of the fund was 9.8%. The fund is looking for final exit in 2007. The preliminary return on equity after tax for the year 2006 is approximately 57.6%. The finalized annual report for 2006 will be presented at the fund's annual general meeting 30 April 2007. For additional information please contact: Andris Kraujiņš, Fund Manager Phone: +371 735 73 92 or Algirdas Jonas Vaitiekūnas, CFO Phone +370 5 231 3638