Corrected Group's plans for the year 2009


The Board meeting on 25 June 2009 approved a corrected budget for the year
2009. This year the Group which consists of JSC Grigiskes and daughter
enterprise Baltwood LTD plans to reach a turnover of LTL 112.8 mln. (EUR 32.7
mln.), comparing with the 2008 year the sales will decline by LTL 32.7 mln.
(EUR 9.5 mln.). In 2009 the Group plans to earn a profit before taxes of LTL
0.8 mln. (EUR 0.23 mln.). 
Planed results for the year 2009 are corrected after not audited financial
results of the thirst quarter of the year 2009, the trends of Group sales and
the reduction of consumption in Lithuanian and foreign markets were evaluated. 

Gintautas Pangonis
General Director
(+370-5) 243 58 01