Alita AB - Notification on material event

Correction prognosis of 2008

Alita JSC due to the revised financial results and to the pricing 
changes in the market announces the changes in 2008 results forecast.
Declared expected consolidated zero profit is reduced to 14 mln LTL (Eur 4
million) losses before taxes. 
The main reasons of such result is:
- reduced profitability of alcoholic beverages due to on the January 1st 2008
raised excise tax; 
- reduction of concentrated apple juice prices and of the investments value;
- expected severance pays (standing off personal) reducing of staff due to the
announced growth of alcoholic beverages excise tax forecasted less income in
2009. 
Authorized to provide information Director General Vytautas Junevičius, +370
315 57243. 

Vytautas Junevičius,
Director General +370 315 57243