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Litgrid AB Audit Report / Information 2010

Jun 10, 2011

2262_rns_2011-06-10_5dd0b26f-9094-4369-958b-ca9efcc99e32.html

Audit Report / Information

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Regarding Difference between Preliminary and Audited Results for 2010 of LITGRID Turtas AB

Regarding Difference between Preliminary and Audited Results for 2010 of LITGRID Turtas AB

Vilnius, Lithuania, 2011-06-10 14:53 CEST (GLOBE NEWSWIRE) -- We hereby inform
that the group's net profit (LTL 2,737,000) for 2010, published in the audited
financial statements of LITGRID Turtas AB differs by LTL 292,000 from the
preliminary net profit of the group (LTL 2,665,000), which was published in the
interim financial statements for twelve-month period of 2010.

The aforesaid difference resulted from the net profit adjustment for December
2010 of LITGRID AB and TETAS UAB - the subsidiary companies of LITGRID Turtas
AB, which was performed during the audit. The audited net profit of LITGRID AB
for December was higher by LTL 106,000 while the audited net profit of TETAS
UAB was higher by LTL 186,000.

     Vilija Railaitė
     Head of Communications
     Phone +370 5278 2361
     Mobile +370 613 19977
     E-mail [email protected]