Interim results for the six months 2009


Over the six months this year the Group which consists of JSC Grigiškės and
daughter enterprise Baltwood LTD reached a turnover of LTL 58.0 million (EUR
16.8 million) which is by LTL 19.1 million or 24.7 % less comparing with the
same period of 2008, when the Group's turnover outmeasured LTL 77.1 million
(EUR 22.3 million). 
Over the six months of 2009 the Group earned not audited profit before taxes of
LTL 0.84 million (EUR 0.24 million). Over the same period of 2008 the Group
reached a loss of LTL 0.13 million (EUR 0.04 million). 
It is planed, that Group‘s turnover in 2009 will be lower by 22.5 % than in
2008 because of economic conditions in the Group‘s sales markets. 

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