Olaine, July 16, 2012

 Sales of “Olainfarm” in June increase by 20%

Preliminary consolidated results of AS “Olainfarm” for June 2012 show that the sales have increased by 20% compared to the
same period a year ago and have reached 4.16 million lats (5.92 million euro). The biggest sales increases were achieved in
Lithuania by 517%, Latvia by 291% and Belarus by 201% Major sales markets of AS “Olainfarm” in June 2012 were Russia, Latvia,
Ukraine, Belarus and the UK.

June 2012: consolidated sales  Share in total sales  Changes to June 2011
Russia     31%   -15%
Latvia     19%   291%
Ukraine     14%   -22%
Belarus     10%   201%
UK     9%   NA
Kazakhstan    4%   -23%
Taiwan     3%   NA
Australia    2%   NA
Georgia     2%   21%
Lithuania    1%   517%
Other     4%   -67%
Total     100%   20%

In six months of 2012 preliminary consolidated sales of AS “Olainfarm” were 22.62 million lats (32.19 million euro), which
represents an increase by 26% compared to the same period a year ago.  The biggest sales increases were achieved in Taiwan,
where sales grew by 596%, in Latvia, where sales grew by 313%, and the UK, where sales grew by 75%.  Major sales markets of
AS “Olainfarm” in six months of 2012 were Russia, Latvia, Ukraine, Belarus and the UK.

6 months of 2012: consolidated sales  Share in total sales  Changes to 6 months of 2011
Russia     35%   13%
Latvia     20%   313%
Ukraine     19%   3%
Belarus     7%   0%
UK     6%   75%
Kazakhstan    4%   3%
Taiwan     1%   596%
Uzbekistan    1%   -31%
Lithuania    1%   -5%
Georgia     1%   41%
Other     6%   -26%
Total     100%   26%

Sales of pharmacies owned by AS “Olainfarm” in June 2012 were 0.63 million lats (0.9 million euro).   In six months of 2012
sales of these pharmacies were 3.29 million lats (4.68 million euro).

According to unconsolidated preliminary results of AS “Olainfarm”, sales during June 2012 were 3.6 million lats (5.12 million
euro).  This represents an increase by 4% compared to the same period a year ago.  The biggest sales increases were achieved
in Lithuania – by 517%, and Belarus by 201%.  Major markets for unconsolidated sales of AS “Olainfarm” in June 2012 were
Russia, Ukraine, Belarus, UK and Latvia.

June 2012: unconsolidated sales  Share in total sales  Changes to June 2011
Russia     36%   -15%
Ukraine     16%   -22%
Belarus     12%   201%
UK     11%   NA
Latvia     6%   11%
Kazakhstan    5%   -23%
Taiwan     3%   NA
Australia    2%   NA
Georgia     2%   21%
Lithuania    1%   517%
Other     5%   -67%
Total     100%   4%

During six months of 2012 preliminary unconsolidated sales of AS “Olainfarm” were 19.49 million lats (27.73 million euro). 
This represents an increase by 8% compared to the same period a year ago. The biggest sales increases were achieved in
Taiwan – by 596%, the UK – by 75% and Georgia by 41%.  In terms of unconsolidated sales, the major sales markets of AS
“Olainfarm” in six months of 2012 were Russia, Ukraine, Belarus, UK, Latvia and Kazakhstan

6 months of 2012: unconsolidated sales  Share in total sales  Changes to 6 months of 2011
Russia     40%   13%
Ukraine     22%   3%
Belarus     8%   0%
UK     7%   75%
Latvia     7%   20%
Kazakhstan    5%   3%
Taiwan     2%   596%
Uzbekistan    1%   -31%
Lithuania    1%   -5%
Georgia     1%   41%
Other     7%   -26%
Total 100% 8%

Sales target of AS „Olainfarm” for 2012 provides that unconsolidated sales of the company for the entire year will be as high
as 40 million lats (56.91 million euros), while the consolidated sales will reach 47 million lats (66.9 million euro). 
According to these preliminary unconsolidated sales results, during 6 months of 2012 49% of annual unconsolidated sales
target was achieved, but according to preliminary consolidated sales results for 6 months of 2012, during this period 48% of
annual target for consolidated sales were made.

________________________________________
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
e-mail: slapinsh@olainfarm.lv