Rytu Skirstomieji Tinklai AB - Notification on material event

The preliminary consolidated, unaudited result for the year 2007 of the AB Rytų skirstomieji tinklai group

The preliminary consolidated, unaudited result for the year 2007 of the AB Rytu
skirstomieji tinklai group according to International accounting standards is: 
- the net profit is 32.5 mln Lt (9.42 mln. EUR), that is by 31 per cent more in
comparison with the year 2006 - 24.8 mln. Lt (7.19 mln. EUR); The increase of
the companies' profit in the year of 2007 has been conditioned by the increased
sales of the electric energy by 4 per cents; 
- the profit without the deduction of  the tax on profit is 39.1 mln. Lt (11.34
mln. EUR), that is by 30.8 per cent more in comparison with the year of 2006 -
29.9 mln. Lt (8.67 mln. EUR). 
- the revenue from the operation is 1068 mln. Lt (309.57 mln. EUR), that is by
14.4 per cent more in comparison with the year of 2006 - 933.8 mln. Lt (270.67
mln. EUR); 
- the investments AB Rytu skirstomieji tinklai group was 273 mln. Lt (79.13
mln. EUR), that is by 30.6 per cent more in comparison with the year of 2006 -
209 mln. Lt (60.58 mln. EUR). The increased demand for the investment funding
in the year of 2007 has been conditioned by the increased number of new
consumers‘ appliances (by 39 per cent more in comparison with the year
2006)connected to the power nets. 



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