2012-04-30 07:59:00 CEST

2012-04-30 07:59:03 CEST


REGULATED INFORMATION

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Agrowill Group AB - Notification on material event

AB „Agrowill Group“ year 2012 net sales and EBITDA forecast


AB „Agrowill Group“ announces 2012 net sales and EBITDA forecast:

Net sales forecast  year 2012 : 76 mln. LTL.

EBITDA profit forecast  year 2012:  20 mln. LTL.

Assumptions about factors, based on which the forecast was prepared, which are
primarily outside the group's management influence relate to: (i) market prices
for agricultural commodities for 2012, as the group has no influence on setting
or controlling such prices; (ii) harvest yields for 2012, which depends on
other operational factors such as fertilizer input, which could be controlled
by the group, but also depends on such factor as weather or agricultural
conditions, which is certainly beyond the group's control. 

Furthermore, the compiled forecast is based on the following assumptions that
were used in order to avoid overstatement of the projected financial results:
(i) the prices for agricultural commodities are taken as of April 2012 and
benchmarked to MATIF futures; (ii) moderate growth in production yields was
assumed. 


         Vladas Bagavičius
         Chairman of the Board
         +370 5 233 5340