PRO KAPITAL GRUPP

INCOME STATEMENT



CONSOLIDATED INCOME STATEMENT, 01.01.-30.06.2001



Consolidated, unaudited

in thousand EEK

                                         01.01.-30.06  01.01.-30.06

                                                 2001          2000



Net sales                                     375,896       118,635

Cost of goods sold                            121,446        76,561

Gross profit                                  254,450        42,074

Marketing expenses                             17,722         7,128

Administrative expenses                       214,759        18,623

incl. depreciation to non-current asset        14,892         5,025

depreciation of intangible assets               8,218         5,085

Wages and salaries                             44,319           861



Other revenue                                   6,047         4,301

Other expenses                                 17,947         4,580

Operating profit                               10,069        16,044

Financial income                               25,462         4,129

Financial expenses                             48,625        17,471

Profit (-loss) before taxes                   -13,094         2,702

Income tax                                      6,084           509

Minority interest                               6,073         1,352

Net profit                                    -25,251           841



Earnings per share (EEK)                        -0.73          0.03

Diluted earnings per share (EEK)                -0.73          0.03





Additional information:

Eve Õnnis

PK Grupp, Chief Accountant            

Tel. +372 614 4920





Aivar Pihlak

PK Grupp, Board member

+372 614 4920