On a general co-operation agreement with Middle Europe Investments Baltija UAB

City Service AB has signed a general co-operation agreement with Middle Europe
Investments Baltija UAB. The contract aims to establish City Service AB as the
only provider of facilities management, technical supervision and consulting
services for all present and future projects of Middle Europe Investments
Baltija UAB. 

General Director of City Service AB Žilvinas Lapinskas stated: „The agreement
guarantees a stable partnership and future contracts. Also we have strengthened
the package of complex facilities management services by including consulting
activities“. 

City Service Group now consists of 20 facilities management companies operating
in Lithuania, Russia, Latvia and Ukraine. The Group serves 9.5 million square
meters of facilities. 

The total consolidated City Service Group's revenue for the nine months of 2007
was LTL 125 million (EUR 36 million), an increase by 115 % over the total
revenue of LTL 58 million (EUR 17 million) for the nine months of 2006. EBITDA
for the nine months of 2007 was up by 68% and amounted to LTL 9.4 million (EUR
2.7 million). 

Vilius Mackonis,
Public relations spokesperson
+370 655 511 01