RAKVERE LIHAKOMBINAAT

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT, 9M 2000



Consolidated, unaudited

in thousand EEK

                                            Q3 2000  Q3 1999  9m 2000  9m 1999



REVENUE



Net sales                                   234,186  177,894  641,998  549,302

Other revenue                                   784    9,873    2,927   10,910

Total revenue                               234,970  187,767  644,925  560,212



Change in finished goods

and work-in-progress inventories             -2,393    2,143   -2,591    5,337



Materials, consumables and supplies         157,299  106,269  437,059  329,499

Other operating expenses                     30,913   21,152   83,595   62,527

Personnel expenses                           30,774   25,297   88,719   84,738

Depreciation and value

adjustments to non-current assets            11,928    9,929   32,150   45,517

Other expenses                                1,865    4,602    3,777    6,972



Operating profit                              4,584   18,375    2,216   25,622



Financial income/expenses

Foreign exchange profit/loss                  6,674    1,853    9,970    4,682

Interest and other financial income           2,113      731    2,298    1,091

Interest and other financial expenses        -4,595   -5,902  -11,213  -16,912

Total financial income/expenses               4,192   -3,318    1,055  -11,139



Profit before taxes                           8,776   15,057    3,271   14,483



Minority interest                               336      160      148     -634

Net profit                                    8,440   14,897    3,123   15,117



Earnings per share                             0.22     0.39     0.08     0.40





Rita Ukkivi

Chief Accountant

+372 32 29 218