TEO LT, AB - Interim information

Consolidated Interim Financial Statements for the period ended 31 March 2009

TEO LT, AB Group, an integrated telecommunication, IT and television services
provider, announces its unaudited Consolidated Interim Financial Statements for
the period ended 31 March 2009, prepared according to International Financial
Reporting Standards as adopted by the European Union. 

The total consolidated TEO Group's revenue in January-March of 2009 was LTL 205
million (EUR 59 million), a decline by 1.1 per cent over the total revenue of
LTL 208 million (EUR 60 million) in the first three months of 2008. 

EBITDA for the first three months of 2009 declined by 1.3 per cent to LTL 94
million (EUR 27 million) over LTL 95 million (EUR 28 million) in the first
three months of 2008. 

Profit before income tax in the first three months of 2009 was up by 7.9 per
cent and amounted to LTL 58 million (EUR 17 million) (LTL 53 million (EUR 15
million) a year ago). 

Profit for the period amounted to LTL 43 million (EUR 12.6 million), a decrease
by 3.9 per cent over LTL 45 million (EUR 13.1 million) a year ago. 

Management's comment on financial results for the first three months of 2009:
“Despite general economic downturn TEO LT, AB results for the first quarter
2009 are excellent. The Company maintained its revenues (excluding
non-recurring items) compared to the similar period in 2008. TEO continued to
actively deploy Fiber-to-the-Home technology and improved overall quality of
service. We believe that these investments in the new-generation network will
secure the Company's strong position in the future”. 


ENCL.: TEO LT, AB Consolidated Interim Financial Statements for the period
ended 31 March 2009. 

Giedrius Vegys, 
Chief Financial Officer, 
tel. +370 5 236 74 66.

Attachments:

2009_3_months_presentation.pdf

2009_3_months_financial_statements.pdf