Baltika's consolidated net sales in May totalled 94.7 million kroons decreasing by 1% yoy. May's retail sales grew by 10% yoy. Decrease in total sales stemmed from declining wholesale which was planned. Sales in May -------------------------------------------------------------------------------- | EEK million | 5/2008 | 5/2007 | Change | -------------------------------------------------------------------------------- | Retail | 90.0 | 81.5 | 10% | -------------------------------------------------------------------------------- | Wholesale | 4.6 | 10.8 | -57% | -------------------------------------------------------------------------------- | Other | 0.1 | 3.9 | -97% | -------------------------------------------------------------------------------- | Total | 94.7 | 96.2 | -1% | -------------------------------------------------------------------------------- In the month of May, Baltika's retail sales grew 24% in Ukraine, 14% in Russia, 12% in Poland, 6% in Latvia, 2% in Lithuania and 1% in Estonia. At the end of May, Baltika Group had 126 stores with a total sales area of 24,661 square metres. During the month, the Group opened one store in Narva, Estonia entering into a new city. Cumulative five month sales of Baltika amounted to 457 million kroons (+1% yoy), including retail sales of 400 million kroons (+9%) and wholesale of 57 million kroons (-23%). EUR 1 = EEK 15.6466 Triin Palge Head of investor relations +372 630 2886