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Kyivoblgaz and Kharkivgaz Report Preliminary 2007 Results

Kyivoblgaz and Kharkivgaz Report Preliminary 2007 Results

20 February 2008

——————————————————————————-
                                                       Sales       EBITDA            Net Income
Company                               2007  yoy    2007   yoy      margin  2007    yoy    margin
——————————————————————————-
Kharkivgaz (HRGZ: N/R)        89.4   28%    0.89   -2.7%    1.0%  -2.87   -1.8%  -3.2%
Kyivoblgaz (KIGA: BUY)         166.1  60%   2.57   +3.8%    1.5%   0.02   +2.5%   0.0%
——————————————————————————-
Note: financials are stated in USD

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