On exports to Ukraine and Russia

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| Source: Brivais vilnis
multilang-release

Salacgriva, Latvia, 2014-03-05 15:24 CET (GLOBE NEWSWIRE) -- Ukrainian market accounts for the JSC “Brivais vilnis” 10% of total sales, Russia – 30%. Due to the recent events, rapid decline of the Russian ruble and the hryvnia, we have suspended supplies to Ukraine and reduced supplies to Russia. In March, we are planning to divert finished products to other, alternative markets and decrease of production capacity currently is not planned. There is a risk that temporarily could be freeze a part of deferred payments in both countries, but this should not affect the overall results.