The Management Board of Joint-stock company "Tosmares kuģubūvētava" (reģ.Nr.42103022837) announces that company's Annual General meeting of Shareholders will take place on April 22, 2015 at 12 a.m. in Liepaja, Generala Baloza Street 42/44, at A/S "Tosmares kuģubūvētava" premises.

 The agenda:

1. Reports of the Management Board and statement of the sworn auditor.
2. Approval of the Annual report for the year 2014.
3. Distribution of the profit for the year 2014.
4. Election of the auditor for the audit and determination of remuneration for the auditor.
5. Other questions.

Shareholder Registration will be open from 11:30 on the day of meeting – April 22, 2015 - at the venue of the meeting.

The draft decisions of the annual general meeting of the shareholders can be found from April 7, 2015, in working days from 09:00 – 12:00 Liepaja, 42/44 Generala Baloza Street (prior registration necessary by phone (+371) 63401919).

The record date for participation at the shareholders’ meeting of Joint Stock Company “Tosmares kuģubūvētava” is April 14, 2015. Only those persons who are shareholders on the record date with the amount of the shares they own on the record date have rights to participate at the shareholders meeting of Joint Stock Company “Tosmares kuģubūvētava”.

Shareholders have rights to participate in the meeting in person or by mediation of their legal representatives or authorized persons.

Upon registration shareholders shall present a passport or other personal identification document. Upon registration, representatives and authorized persons of shareholders shall present a passport or other personal identification document, and shall submit written power of attorney (see attached: pilnvaras paraugs) of the represented shareholder (form of a written power of attorney is also available on   website of the central storage of regulated information - http://www.oricgs.lv/ and website of joint stock company “NASDAQ OMX Riga” - http://www.nasdaqomxbaltic.com/). Legal representatives shall present a document certifying the authorization.

The shareholders, who represent at least 1/20 of the company’s share capital, have rights within 7 days after the publication of the notification to require the institution which convenes the shareholders meeting, to include additional items in the agenda of the meeting. The shareholders, who propose to include additional issues on the agenda of the shareholders meeting, are obliged to submit the draft resolution on the issues that are proposed by them for inclusion in the agenda, or explanation on the issues where no resolution is planned to be adopted to the institution which convenes the shareholders meeting. The shareholders have rights to submit draft resolutions on issues included in the agenda of the shareholders’ meeting within 7 days after the notification about convocation of shareholders’ meeting is released. Shareholders have rights to submit draft resolutions on issues included in the agenda of the shareholders’ meeting during the meeting, if all the draft resolutions that have been submitted to the shareholders’ meeting are reviewed and rejected. If a shareholder submits a written requisition to the Management Board at least 7 days before the shareholders’ meeting, the Management Board is obliged to give him the required information on the issues included in the agenda at least 3 days before the shareholders’ meeting. Upon request of the shareholders, the Management Board is obliged to provide information to the shareholders’ meeting about the company’s economic situation to such an extent that is necessary to objectively review and adopt a resolution on the respective issue on the agenda.

Information on the shareholders’ meeting and shareholders rights is also available on website of the central storage of regulated information - http://www.oricgs.lv/ and website of joint stock company “NASDAQ OMX Riga” - http://www.nasdaqomxbaltic.com/.

The total amount of shares and total amount of the shares with voting rights of joint stock company “Tosmares kuģubūvētava” is 3 203 397.

The Board of JSC “Tosmares kuģubūvētava”

         Ivars Bangeris
         Lawyer of the JSC “Tosmares kuģubūvētava”
         Phone: (+371) 26445611
         E-mail: ivars.bangeris@riga-shipyard.com