Pieno zvaigzdes    STOCK EXCHANGE RELEASE   2005.10.24



Pieno zvaigzdes AB, results for the 9 months of 2005



AB „Pieno zvaigzdes“ unaudited financial results for the 9 months 2005:



Revenues for the nine months 2005 reached LTL 316,9 million (EUR 91.8 million)

and have increased by 11.9% compared to consolidated revenues of LTL 283,4

 million (82.1 million EUR)a year ago.



Gross profit for the nine months 2005 was LTL 65,6 million (EUR 19.0 

million) and has decreased by 2.1% compared to LTL 67,0 million EUR 19.4

million) a year ago.



EBITDA for the nine months 2005 increased by 7,5% to LTL 36,0 million

EUR 10.4 million) over LTL 33,5 million (EUR 9.7 million) over the same

period a year ago.



Profit before profit tax (EBT) for the nine months 2005 was LTL 13,1 million 

(EUR 3.8 million) and has decreased by 32.1% compared to LTL 19,3 million

(EUR 5.6 million) a year ago.



Audrius Statulevicius

CFO

(+370 5)246 1419