Preliminary unaudited operating results of Rytų Skirstomieji Tinklai Group for the first half of 2008

Preliminary unaudited operating results of Rytų Skirstomieji Tinklai Group for
the first half of 2008 according to International Financial Reporting
Standards: 
 - operating income ─ LTL 603.3 mln (EUR 174.9 mln), a rise of 14.9 pct versus
the year-earlier figure of LTL 525.1 mln (EUR 152.2 mln); 
 -  pre-tax profit ─ LTL 10.8 mln (EUR 3.1 mln), down by LTL 21.2 mln (EUR 6.1
mln) from LTL 32 mln (EUR 9.28 mln) in the first half of 2007; 
 -  net profit ─ LTL 8.4 mln (EUR 2.4 mln), down by LTL 17.7 mln (EUR 5.1 mln)
from the year-earlier figure of LTL 26.1 mln (EUR 7.57 mln). 
 - The main reason for the decrease in profit was a rise in the value of
long-term tangible assets included in the Company's financial statements as of
31 December 2007, which increased costs significantly. 



Artur Grigorian
Senior specialist of the Assets Management Division
(+370-5) 251 2638