Company Profile For OAO "Pivovarennaia kompaniia "Baltika"

Baltika PK OAO (Baltika Breweries) is a Russia-based company involved in the brewing industry. Its main activities are production, retail and marketing of beer. In 2009, the Company has introduced new category of products: cold beverages, including kvass Khlebnyy kray. Baltika PK consists of 11 breweries located in Russia and one in Azerbaijan. It has nine branches located in Russia, two representative offices located in China and in Uzbekistan, nine subsidiaries located in Kazakhstan, Kyrgyzstan, Belarus, Ukraine, Russia, Germany, Moldova and Azerbaijan, as well as one affiliated company located in Russia. Baltika holds more than 30 brands of beer, including Baltika, Arsenalnoye, Nevskoye, Yarpivo, Tuborg, Carlsberg and Kronenbourg 1664. Its products are exported to 50 countries, both within and outside the Commonwealth of Independent States countries. As of February 13, 2009, the Company was in 88.86% owned by Baltic Beverages Holding AB, a subsidiary of Carlsberg Sweden Holding AB.

BRIEF: For the three months ended 31 March 2009, Baltika PK OAO's revenue totaled RUR17.74B. Net income for the period totaled RUR2.53B. Results are not comparable due to change in reporting currency. Baltika PK OAO is a Russia-based company active within the brewing industry. Its core activities are production, retail and marketing of beer, as well as mineral water. The Company is listed on Russian Stock Exchange.

OAO "Pivovarennaia kompaniia "Baltika"
6-oy Verkhniy pereulok 3
St. Petersburg     194292
P: +7812.3299100
F: +7812.3299109

11439