Adjusted estimates of 2008 results and preliminary estimate of 2009 results


Agrowill Group AB adjusted estimates for 2008:
- Consolidated revenues: LTL 64 million (EUR 18.4 million);
- Consolidated EBITDA: LTL 11.5 million (EUR 3 million).

The Group will publish preliminary financial results for year 
2008 on 27th February.

Agrowill Group AB preliminary estimate of 2009 results:
- Consolidated revenues: LTL 92 million (EUR 26.5 million);
- Consolidated EBITDA: LTL 20 million (EUR 5.7 million).

Growth in revenues and profit will be driven by:
- Full year consolidation of Grūduva UAB  and Polva Agro OU, both of 
which were acquired in the third quarter of 2008.
- Substantial increase in crop and milk yields due to the implementation 
of the global best practises.
- Cost optimization initiatives (in-house feed production, herd and farms
restructuring, shift towards the farming of the most profitable crops). 

Domantas Savičius
CFO
8 5 233 5340