AS BALTIKA                        ANNOUNCEMENT                        05.05.2005



April sales results



Baltika's consolidated net sales in April totaled 59,9 M EEK, which is 21% more

compared to the same period last year. Retail sales increased by 41% to 49,8 M

EEK, forming 83% from the net sales.



Baltika's largest fast fashion brand Monton accounted for 54,4% of the total

retail sales in April, amounting to 27,1 M EEK. The sales of Monton increased by

33% compared to the same period last year.

The sales volumes of CHR/Evermen increased the most - by 67% compared to the same

period last year, amounting to 13,2 M EEK.

The sales volumes of Baltman increased by 55% compared to the last year,

amounting to 5,2 M EEK.



The retail sales in April increased the most in Latvia (71%), Estonia (49%) and

Ukraine (42%).



The successful sales of the spring-summer collections have increased the sales

efficiency of the whole retail system and sales per square meter in its own

retail chain.



In April, the wholesales totaled 8,9 M EEK, which is 8% less than it was in the

last year.



The net turnover of four months totaled 210,1 M EEK, which is 17% more compared

to the same period last year, including retail turnover of 161,5 M EEK (a 41%

increase) and wholesale turnover of 43 M EEK (a 13% decrease).



Due to Baltika's 50% participation in Baltika Tailor OÜ, a joint venture

established in 2004, the consolidated sales results do not report the

subcontracting figures for the four months of 2005, amounting to 15,9 M EEK in

the same period in 2004. Therefore, retail and wholesale totaled 204,5 M EEK,

showing a 25% increase compared to last year.



1 EUR = 15,6466 EEK



Ülle Järv

Finantsdirektor

AS Baltika

+ 372 6 302 741