Since the beginning of the financial year SAF Tehnika has considerably increased capacity of the manufacturing in relation with realization of two large projects in India. Because of the delay in realization of the above mentioned projects, to continue to maintain company profitability on the forecasted levels, SAF Tehnika management board has adopted cost cutting plan, which involves decrease of management salaries for 30% and employees salaries for 15% till successful realization of the projects. The company does not see any obstacles which might prevent realization of these projects. SAF Tehnika keeps the guideline unchanged regarding turnover increase during financial year 2006/07. For aditional information: Aleksis Orlovs SAF Tehnika AS Board member Phone: +371 7046840 Mobile phone: +371 29287289 Fax: +371 7046809 e-mail: Aleksis.Orlovs@saftehnika.com