Limarko Laivininkystes Kompanija AB - Interim information

Operational results for the first quarter of 2012

The unaudited results for the first quarter of 2012 of Limarko laivininkystes
kompanija AB (LLK) were prepared in accordance with the International Financial
Reporting Standards. 

The revenue of LLK for the first quarter of 2012 amounted to LTL 17.5 million
(EUR 5.1 million) and decreased by 39% when compared to the revenue of LTL 28.6
million (EUR 8.3 million) during the first quarter of 2011. 

During the first quarter of 2012 LLK achieved the EBITDA of LTL 5.8 million
(EUR 1.7 million) and the EBITDA margin was 33%. The EBITDA for the first
quarter of 2011 was LTL 7.4 million (EUR 2.1 million) and the EBITDA margin was
26%. 

The pre-tax profit of LLK for the first quarter of 2012 was LTL 4.2 million
(EUR 1.2 million). The profit of LLK for the first quarter of 2011 was LTL 9.6
million (EUR 2.8 million). 

During the first quarter of 2012 LLK was able to increase the EBITDA margin by
7%. However, due to high bunker prices and decreasing freight rates, the
situation in the shipping market remains difficult. 


         Vytautas Lygnugaris
         President
         Tel. +370 46 340001 (ext. 713)

Attachments:

Q1 2012 Interim Financial Statements.pdf