Unaudited financial reports of 3 months of 2007


In three months of 2007, the Joint Stock Company “Latvijas Gāze” has sold to
consumer 0.65 billion m3 of natural gas, which, in comparison with the
respective period of 2006, is by 13.6% or 0.1 billion m3 less. The decrease is
due to warmer weather conditions in the first three months of 2007. 

In three months of 2007, customers have been sold natural gas and provided
services for EUR 103.3 million, which, in comparison with the respective period
of 2006, is by 3.9% or EUR 3.7 million more, and profited EUR 9.3 million,
which is by 8.8% or EUR 0.6 million more than in three months of 2006. 

Within the capital investment program, EUR 6.3 million have been utilized in
three months of 2007. Investment funds have been mostly used for modernization
of technological equipment and construction of new gas pipelines. 

On April 16, the natural gas injection season in the Inčukalns Underground Gas
Storage Facility was commenced. It is planned that in 2007, 1.18 billion m3
will be injected in the storage facility, reaching the current gas amount of
2.32 billion m3 at the end of the injection season in October. 

Commercial representative
Vinsents Makaris
Tel. + (371) 7369144

Pièces jointes

2007.g. 3 men. eng.pdf
GlobeNewswire