Alita AB - Notification on material event

The interim results for the first nine months of 2008 and the correction prognosis

Preliminary results for the 9 months of 2008 the JSC ‘'Alita'' sustained
consolidated loses of LTL 5.9 million (EUR 1.7 million). The loss of the 9
months of 2008 was suffered due to the development of PJSC ‘'Alita
distribution'', financial investing activities which influenced to Belgrade
brewery ‘'Belgradska Industrija Piva” and increasing excise taxes since 1th
January of 2008. During the same period of last year the result was LTL 6.5
million (EUR 1.9 million). 
Consolidated sales revenue for the 9 months of 2008 amounted to LTL 143.9
million (EUR 41.7 million) and increased by 12 percent in relation to the same
period of the previous year. The income rice was influenced by more than
doubled PJSC  ”Alita distribution” sales volume. In this period increased
export of sparkling wine, aerating wine, vodka and other drinks of the company
group. 
With respect to financial results reported for the 9 months of 2008, JSC
‘'Alita'' is giving a new forecast for the entire year 2008 as follows: 
The consolidated sales by the year end 2008 are expected LTL 220.2 million (EUR
63.8 million) lower compared to initially budget LTL 195.0 (EUR 56.5 million).
The forecast of profit do not changes, consolidated profit (loses) company do
not expect. 
Authorized to provide information: Alina Miežiūnienė, +370 315 57233 

Vytautas Junevičius,
Director General +370 315 57243