Limarko Laivininkystes Kompanija AB - Interim information

Unaudited operational results for the year 2007 and forecast for the year 2008

The unaudited results for the year 2007 of Limarko laivininkystės kompanija AB
(LLK) were prepared in accordance with International Financial Reporting
Standards. 

Sales revenue of LLK for the year 2007 totalled LTL 136.7 million (EUR 39.6
million). This constitutes an increase of 18% over sales revenue of LTL 115.7
million (EUR 33.5 million) for the year 2006. 

The pre-tax profit of LLK for the year 2007 was LTL 14.7 million (EUR 4.3
million). This constitutes an increase of 26% over the pre-tax profit of LTL
11.7 million (EUR 3.4 million) for the year 2006. 

The forecasted pre-tax profit for the year 2007 was not achieved by the Company
for the following reasons: 
- Continuous weakening of currency of international shipping (the U.S. dollar)
against other main currencies; 
- High fuel prices;
- Unfavourable weather conditions in fruit exporting countries, as a result of
which the quantity of transportable cargo decreased. 

Net profit of LLK for the year 2007 was LTL 21.0 million (EUR 6.1 million).
This is 2.2 times more when compared to the net profit of LTL 9.6 million (EUR
2.8 million) for the year 2006. 

The increase of net profit in the year 2007 relates to the choice of the
company to pay the fixed profit (tonnage) tax. Due to changes in the profit tax
base, the company reversed the provision for deferred profit tax in the amount
of LTL 6.4 million (EUR 1.9 million). 

On 27 February 2008 the Board of LLK approved the following forecast for the
year 2008: 
1. Earning before financial expenses, taxes, depreciation and amortisation
(EBITDA) - LTL 36.0 million (EUR 10.5 million). 
2. Investment into the renewal of the fleet - LTL 62.0 million (EUR 18.0
million). 

Encl.: Interim Financial Statements for the year 2007 of Limarko laivininkystes
kompanija AB. 

Renaldas Vyšniauskas
Finance Director 
tel. +370 46 340001 (ext. 602)

Attachments:

llk 2007 tarpinine finansine atskaitomybe en.pdf