Alita AB - Notification on material event

Preliminary results for the for the year 2008

Preliminary consolidated sales revenue for the year of 2008 amounted to LTL 204
million (EUR 59.1 million) and in comparison with 2007, increased by LTL 6
million (EUR 1.7 million). Preliminary consolidated result of the activity
before taxes - the loss amounted to LTL 14.2 million (EUR 4.1 million). It was
suffered due to reduced gross profit because of the increasing excise taxes for
the alcoholic drinks since 1th January of 2008, impairment of inventories and
investment property, trade accounts receivable, financial investing activities
which were influenced  by investments to Belgrade brewery ‘'Belgradska
Industrija Piva” and development of PJSC ‘'Alita distribution''. During the
same period of last year the result was LTL 11.4 million (EUR 3.3 million). 
Authorized to provide information: Vytautas Junevicius tel. +370 315 57243

Vytautas Junevičius, 
Director General, +370 315 57243