Preliminary unaudited operating results of Rytų Skirstomieji Tinklai Group for the first quarter of 2008

Preliminary unaudited operating results of Rytų Skirstomieji Tinklai Group for
the first quarter of 2008 according to International Financial Reporting
Standards: 
 - operating income ─ LTL 329 mln (EUR 95.4 mln), a rise of 16 pct versus the
year-earlier figure of LTL 283.5 mln (EUR 82.2 mln); 
 -  pre-tax profit ─ LTL 15.7 mln (EUR 4.6 mln), down by LTL 8.1 mln (EUR 2.3
mln) from LTL 23.8 mln (EUR 6.9 mln) in the first quarter of 2007; 
 -  net profit ─ LTL 13 mln (EUR 3.8 mln), down by LTL 6.1 mln (EUR 1.7 mln)
from the year-earlier figure of LTL 19.1 mln (EUR 5.5 mln). 
 - The main reason for the decrease in profit was a rise in the value of
long-term tangible assets included in the Company's financial statements as of
31 December 2007, which increased costs significantly. 



Artur Grigorian
Senior specialist of the Assets Management Division
(+370-5) 251 2638