Interim results of July, 2007

In July the Group which consists of JSC Grigiskes and daughter enterprise
Baltwood LTD reached a turnover of LTL 11.8 mln. (EUR 3.42 mln.) and a profit
of LTL 532 thousand (EUR 154.08 thousand) and it is 15.2% more than it was in
July 2006. Over seven months this year the Group's turnover outmeasured LTL 79
mln. (EUR 22.88 mln.), comparing with the same period 2006 the sales increased
in almost 15.8 %. Over seven months 2007 the Group earned a profit of LTL 3.1
mln. (EUR 0.9 mln.). 
This year the Group is planning to sell products and services of LTL 159 mln.
(EUR 46.05 mln.) and earn a profit before taxes of LTL 9 mln. (EUR 2.61 mln.). 

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