Grigiškės				Stock Exchange Release			 2005 06 16



Interim results for the first five months of 2005



Profit of the first five months of 2005 is LTL 3,482 thousand (LTL 3,482,000),

 which is by 15.5 % more than for the corresponding period in 2004, when the 

profit was 3,095 thousand (LTL 3,095,000). Profit of May 2005 is LTL 796 

thousand (LTL 796,000), which is 10.7 % more than the profit of May 2004 when 

it was LTL 719 thousand (LTL 719,000).



During the first five month of 2005, Grigiskes AB, the largest Lithuanian 

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

goods and rendered services for LTL 41,618 thousand (LTL 41,618,000), which is 

by almost 3% more than for the corresponding period in 2004, when the company 

sold goods and rendered services for LTL 40,419 thousand (LTL 40,419,000). In 

May 2005 Grigiskes AB sold goods and rendered services for LTL 8,586 thousand 

(LTL 8,586,000). If compared to May of 2004, the sales of the company grew 

almost by 2.9%. In May 2004 the company sold goods and rendered services for 

LTL 8,347 thousand (LTL 8,347,000).



Gintautas Pangonis

General Director

(+370-5)2435801