Sales in June


Baltika's consolidated net sales in June totalled 85.5 million kroons and       
increased by 32% compared to June previous year. Retail sales grew 28% yoy and  
wholesale 30% yoy.                                                              

Sales in June                                                                   

--------------------------------------------------------------------------------
| EEK million                 |        6/2007 |        6/2006 |         Change |
--------------------------------------------------------------------------------
| Retail sales                |          79.1 |          61.6 |            28% |
--------------------------------------------------------------------------------
| Wholesale                   |           3.0 |           2.3 |            30% |
--------------------------------------------------------------------------------
| Subcontracting              |           3.1 |             0 |            n/a |
--------------------------------------------------------------------------------
| Other sales                 |           0.3 |           1.2 |           -74% |
--------------------------------------------------------------------------------
| Total                       |          85.5 |          65.0 |            32% |
--------------------------------------------------------------------------------

In June, Baltika's retail sales grew 112% in Russia, 33% in Latvia, 29% in      
Lithuania, 19% in Estonia and 3% in Ukraine.                                    

As of the end of June, Baltika Group operated 124 shops with total sales area of
23,011 square metres. There were no openings in June. A total of 5-8 openings   
are planned in the second half of the year taking the total number of stores to 
129-132 by the end of 2007.                                                     

In the first half of the year, Baltika's sales amounted to 536 million kroons   
(+37% yoy), including retail sales of 447 million kroons (+42%) and wholesale of
77 million kroons (+13%).                                                       

1 EUR = 15.6466 EEK                                                             


Triin Palge                                                                     
Head of investor relations                                                      
+372 630 2886