City Service group, the largest facilities management company group in the Baltic States, announces its unaudited Consolidated Interim Financial Statements for the year 2008, prepared according to International Financial Reporting Standards. The total consolidated City Service group's revenue for 2008 was LTL 264 million (EUR 76.5 million), an increase by 26 % over the total revenue LTL 209.2 million (EUR 60.6 million) for the year 2007. Profit for 2008 amounted to LTL 10.1 million (EUR 2.9 million), over LTL 11.1 million (EUR 3.2 million) in 2007. Žilvinas Lapinskas, General Manager of City Service AB, has made the following comments: „During last year we have successfully expanded our market share in Lithuania, and the indicators of our main activities in facility management remained stable. Still, few factors, among which of most importance was the sudden devaluation of rouble in Russia, have prevented us from succeeding in profit goals. In Lithuania we have faced decline in amounts of heating facilities renovation projects, due to the unfavourable financial situation in the Lithuanian heating sector, also, the renovation of residential multi-dwelling houses has not started, as it was expected“. On 6 February, 2009, City Service group was joined by four facilities management companies operating in Vilnius. Due to this takeover area of multi-dwelling houses under management of City Service Group in Lithuania has increased by 28% from 6.6 million to 8.5 million sq. meters. The Group now consists of 27 companies managing 13.4 million sq. meters of facilities and operating in Lithuania, Russia and Latvia. ENCLOSED: City Service unaudited Interim Consolidated Financial Statements for the year 2008 (in LTL). Vilius Mackonis, public relations manager +370 5 239 4900