According to the Points 14.8.4. and 14.8.6. of the Stock Exchange Regulations, the JSC “Brivais vilnis” has prepared the following statement:

Explanation on differences of profit in audited and unaudited reports of 2016

The audited report of the Company presents assessed and qualified liabilities and assets.

There are differences that are 10% higher than in the income statement and balance sheet in unaudited and audited report of 2016.

They are related to evaluation of receivables.

The financial statement includes and discloses all liabilities of the Company in accordance with requirements of the Law on Annual Reports and Consolidated Annual Report.

We confirm that the financial statement discloses all the known information that is relevant for the company to continue operating.

Arnolds Babris

Chairman of the Board