AS Premia Foods audited Annual Report of 2010

25.04.2011

The turnover of Premia Foods for the 12 months of 2010 was 1.2 billion kroons (77.3 million euro), EBITDA 111.0 million kroons (7.1 million euro) and net profit 20.4 million kroons (1.3 million euro). Compared to 2009, turnover has increased by 12.5%, EBITDA by 14% and net profit by 89%.

There were no significant changes in turnover and profits compared to the unaudited results of 2010 published on 22 February 2011.

Subject to the approval of the Supervisory Board, the Management Board of Premia Foods makes the annual General Meeting a proposal to resolve distribution of profit in the amount corresponding to 30% of the 2010 net profit of Premia Foods to be paid as the dividends of 2010.

The audited Annual Report of 2010 of Premia Foods is available on Premia Foods’ website www.premiafoods.eu and on the website of NASDAQ OMX Tallinn Stock Exchange.


Additional information:

Kuldar Leis
AS Premia Foods
CEO
T: +372 6 033 800
kuldar.leis[A]premia.ee
www.premiafoods.eu