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City Service SE Audit Report / Information 2009

Apr 12, 2010

5564_rns_2010-04-12_4c05c3c1-9fad-48e3-843d-e60753bebccf.html

Audit Report / Information

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City Service Group annual information and consolidated audited results for the year 2009

City Service Group annual information and consolidated audited results for the year 2009

City Service AB announces its audited Consolidated Annual Information and
audited Consolidated Financial Statements for the year 2009, prepared according
to International Financial Reporting Standards.

Due to recalculation of profit tax expenses in Russia City Service Group's
consolidated net profit for the period after audit mounted up to LTL 15.3
million (EUR 4.4 million), compared with LTL 14.1 million (EUR 4.1 million)
preliminary net result for the year 2009. The total consolidated revenue for
2009 was LTL 374.5 million (EUR 108.5 million).

Company‘s Board proposes to the Ordinary General Shareholders Meeting to pay
dividends in the amount of LTL 2,686,850 (EUR 778,165), one share should receive
LTL 0.085 (EUR 0.024) dividend.


| | Sales (mln. | EBITDA (mln. | EBIT (mln. | Net profit |
| | LTL) | LTL) | LTL) | (mln. LTL) |


| 2008 (audited) | 263.8 | 14.6 | 12.4 | 8.7 |

| 2009 (audited) | 374.5 | 25.2 | 20.6 | 15.3 |

| 2010 (forecast) | 501.0 | 41.8 | 28.0 | 21.5 |

| Comparative | 0.6 | 6.8 | 10.1 | 13.2 |
| Capitalization | | | | |
| ratios (Share | | | | |
| price 8.99 | | | | |
| LTL)* | | | | |


* City service AB market capitalization as of 12 April 2010 to forecasted for
2010 sales, EBITDA, EBIT and net profit in each column accordingly

ENCLOSED:
City Service AB audited Consolidated Financial Statements for the year 2009 (in
LTL).
City Service AB Consolidated Annual Report for the year 2009 (auditor-evaluated)

Vilius Mackonis,
public relations officer
+ 370 5 239 4900

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