Grigiskes AB - Notification on material event

Group's plans for the year 2009

JSC GRIGIŠKĖS, 110012450, Vilnius str. 10, Vilnius - Grigiškės.

To Lithuanian Securities Commission, Vilnius Stock Exchange, BNS, ELTA,
www.grigiskes.lt. 

The Board meeting on 9 January 2009 approved a budget for the year 2009. This
year the Group which consists of JSC Grigiskes and daughter enterprise Baltwood
LTD plans to reach a turnover of LTL 150 mln. (EUR 43.4 mln.). Comparing with
the forecasted results of the year 2008 the sales in 2009 will increase by LTL
4 mln. (EUR 1.2 mln.). In 2009 the Group plans to earn a profit before taxes of
LTL 0.3 mln. 
(EUR 0.1 mln.). 


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