Announcement

            This is to inform that A/S „Latvijas balzams” in period of one year has reduced number of employees by 10% as well as, that Karlis Andersons, Chairman of the Board believes, that A/S „Latvijas balsams”, approximately in period of two years, could expect improvement of economic situation in Latvia and wherewith we could expect improvement of A/S “Latvijas balsams” sales in local market.