Olaine, June 15, 2012

 Sales of “Olainfarm” in May Increase by 8%

Preliminary consolidated sales results of AS “Olainfarm” for May show that sales have increased to 3.18 million lats
(4.53 million euro) which is by 8% more compared to the same period one year ago.  Biggest sales increases were achieved in
Kyrgyzstan - by 276%, Latvia – by 257%, Azerbaijan – by 121% and Belarus by 113%.  Major sales markets of AS “Olainfarm” in
May of 2012 were Russia, Latvia, Ukraine, Belarus, Kazakhstan and the UK.

May 2012,
consolidated results  Changes to May 2011  Share in total sales
Russia    8%   35%
Latvia    257%   22%
Ukraine    -59%   14%
Belarus    113%   9%
Kazakhstan   14%   7%
UK    NA   6%
Azerbaijan   121%   1%
Canada    NA   1%
Kyrgyzstan   276%   1%
Uzbekistan   -79%   1%
Other    -44%   3%
Total    8%   100%

In five months of 2012 preliminary consolidates sales of AS “Olainfarm” were 18.43 million lats (26.23 million euros), which
is an increase by 27% compared to the sale period of 2011. Impressive sales increases were achieved in US, where sales
increased 344 times, Taiwan and Latvia where sales grew fourfold. Major sales markets of AS “Olainfarm” in five months of
2012 were Russia, Ukraine, Latvia, Belarus, UK and Kazakhstan.

5 months of 2012 -
consolidated results  Changes to five months of 2011   Share in total sales
Russia    21%     36%
Ukraine    8%     20%
Latvia    315%     20%
Belarus    -20%     6%
UK    25%     5%
Kazakhstan   11%     4%
Uzbekistan   -30%     1%
Taiwan    311%     1%
USA    34367%     1%
Lithuania   -25%     1%
Other    -25%     6%
Total    27%     100%

Sales of pharmacies owned by AS “Olainfarm” in May 2012 were 0.53 million lats (0.75 million euro). In fine months of 2012
sales of these pharmacies were 2.64 million lats (3.77 million euro).

According to preliminary data, unconsolidated sales of AS “Olainfarm” in May 2012 were 2.68 million lats (3.82 million euro).
This is a decrease by 9% compared to the same period a year ago. Biggest sales increases were achieved in Kyrgyzstan -
by 276%, Azerbaijan – by 121% and Belarus by 113%.  Major markets of AS “Olainfarm” for unconsolidated sales in May 2012 were
Russia, Ukraine, Belarus, Latvia, Kazakhstan and the UK.

May 2012,
unconsolidated results  Changes to May 2012  Share in total sales
Russia    8%   41%
Ukraine    -59%   16%
Belarus    113%   11%
Latvia    7%   8%
Kazakhstan   14%   8%
UK    NA   7%
Azerbaijan   121%   2%
Canada    NA   1%
Kyrgyzstan   276%   1%
Uzbekistan   -79%   1%
Other    -44%   4%
Total    -9%   100%

In five months of 2012 preliminary unconsolidated sales of AS “Olainfarm” were  15.89 million lats (22.60 million euro),
which is an increase by 9% compared to the same period of 2011. Impressive sales increases were achieved in US, where sales
increased 344 times, Taiwan and Latvia where sales grew fourfold. Major sales markets of AS “Olainfarm” in five months of
2012 were Russia, Ukraine, Latvia, Belarus, UK and Kazakhstan.

5 months of 2012,
unconsolidated results Changes to 5 months of 2011  Share in total sales
Russia    21%    41%
Ukraine    8%    23%
Belarus    -20%    7%
Latvia    22%    7%
UK    25%    6%
Kazakhstan   11%    5%
Uzbekistan   -30%    1%
Taiwan    311%    1%
USA    34367%    1%
Lithuania   -25%    1%
Other    -25%    7%
Total    9%    100%

Sales forecasts of AS „Olainfarm” for 2012 provide that unconsolidated sales of the company in 2012 will reach 40 million
lats (56.91 million euro), while the consolidated sales will be as high as 47 million lats (66.9 million euro).  According
to these preliminary unaudited unconsolidated results, during 5 months of 2012 nearly 40% of annual unconsolidated sales
target are met, while according to preliminary consolidated sales results, during 5 months of 2012 39% of annual consolidated
sales target is achieved..

________________________________________ A/s Olainfarm is one of the biggest pharmaceutical companies in Latvia with nearly
40 years of experience in production of medication and chemical and pharmaceutical products. A basic principle of company's
operations is to produce reliable and effective top quality products for Latvia and the rest of the world. Products made by
the Group are being exported to more than 30 countries of the world, including the Baltics, Russia, other CIS, Europe, Asia,
North America and Australia. 

         Information prepared by:
         Salvis Lapins
         Member of the Board
         A/s „Olainfarm”
         Tel: +371 6 7013 717
         Cell: +371 2 6448 873
         E-mail: slapinsh@olainfarm.lv