The supervisory council of AS Baltika approved yesterday the annual report for 2008 prepared by the management board for presentation at the annual general meeting. The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), as adopted by the European Union. The management board of AS Baltika recommends that the net loss for the year ended at 31 December 2008 in the amount of 18,947 thousand kroons (1,211 thousand euros) to be transferred to the retained earnings and no dividends to be distributed this year. The audited annual report for 2008 with the Corporate Governance Report is available at the websites of the Tallinn Stock Exchange and Baltika Group www.baltikagroup.com/investors. Triin Palge Head of investor relations +372 630 2886