Latvijas Gaze                                                   15.07.2005



Information by JSC “Latvijas Gaze” about the forecasts for budget of 2005



Joint Stock Company “Latvijas Gaze” informs that the Company forecasts

profit after tax of 10-12 million LVL in the budget for year 2005 and 131

million LVL as income from operating activities. Previously it was

forecasted that the profit after tax payments would amount to 8,2 million

LVL, but income – 126 million LVL. Changes in the budget relates to the

resolution by the Public Utilities Commission to approve an increase in

natural gas sales tariffs from 1 August 2005. 



Vinsents Makaris

Tel. 7369144