Grigiskes AB

Company event



Performance results for the period of January-October 2004



During the ten months of the year, Grigiskes AB, the largest Lithuanian producer

of wood fibre board and sanitary and daily use paper products, sold goods and

provided services for LTL 80.481 m, which by 24.9% exceeded the amount of the

corresponding period in 2003, when the sales of goods and services totalled LTL

64.431 m.



The company's ten-months profit as compared to the corresponding period of a

year ago has increased by 25.8% and it currently reaches LTL 6.8009 m. In 2003,

the ten-month profit of Grigiskes AB amounted to LTL 5.405 m.



In October 2004, the company earned a profit of LTL 641.7 thousand. As compared

to October of 2003, the company's profit augmented by a factor of 8.6 (it made

up LTL 591 thousand in October 2003).





Gintautas Pangonis

Director General

(+370 5) 243 58 01