2010-08-31 19:30:00 CEST

2010-08-31 19:31:00 CEST


REGULATED INFORMATION

Lithuanian English
City Service AB - Interim information

City Service consolidated results for the six months of 2010 


AB City Service announces its unaudited Consolidated Interim Financial          
Statements for the six months of 2010, prepared according to International      
Financial Reporting Standards, and Consolidated Interim Report for the six      
months of 2010.                                                                 

The total consolidated City Service revenue for the six months of 2010 was LTL  
264 million (EUR 76 million), including LTL 169 million (EUR 49 million) in     
foreign markets. This makes an 87 % increase over the total revenue of LTL 141  
million (EUR 41 million) for the six months of 2009.                            

Net profit for the period amounted to LTL 9.8 million (EUR 2.8 million), an     
increase by 59 % over LTL 6.2 million (EUR 1.8 million) a year ago. EBITDA for  
six months of 2010 was LTL 16.7 million (EUR 4.8 million), an increase by 45 %  
over LTL 11.5 million (EUR 3.3 million) a year ago.                             

City Service group operates in Lithuania, Russia, Latvia and Ukraine, with over 
18 million square meters of facilities under management of Group companies.   

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|                        | Sales      | EBITDA     | EBIT (mln.  | Net profit  |
|                        | (mln. LTL) | (mln. LTL) | LTL)        | (mln. LTL)  |
|-------------------------------------------------------------------------------
| 2009                   | 374.5      | 25.2       | 20.6        | 15.3        |
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| 2010 1st half          | 263.7      | 16.7       | 10.5        | 9.8         |
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| 2010 forecast          | 501        | 41.8       | 28          | 21.5        |
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| Comparative            | 0,58       | 6,91       | 10,32       | 13,44       |
| Capitalization Ratios  |            |            |             |             |
| (share price 9,14      |            |            |             |             |
| LTL)*                  |            |            |             |             |
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* AB City Service market capitalization as of 31 August 2010 to forecasted for  
2010 sales, EBITDA, EBIT and net profit in each column accordingly.             

ENCLUDING: AB City Service Interim Consolidated Report for the six months of    
2010 (in LTL) and AB City Service Interim Consolidated Financial Statements for
the 
six months of 2010 (in LTL).                                                    

Vilius Mackonis                                                                 
Public relations manager                                                        
+370 5 239 4900