Joint-stock company « Riga electric machine building works» Notice of Convening the Annual General Meeting on 19.06.2015

The Management Board of Joint-stock company « Riga electric machine building works» (registry code 40003042006, address: Riga, 31 Ganibu dambis, LV-1005), convenes an annual general meeting of shareholders on  June, 19th of 2015. 14.00. Riga, 31 Ganibu dambis, in a room Nr.29 (conference room) of an office building.

Prepaid fixed assets – 8 118 607 EUR

Amount of actions with voting right -  5 799 005 actions

The agenda:

1. The message of board of joint-stock company on results of activity for 2014.

2. The message of the jury auditor.

3. Consideration and the statement of the annual report of joint-stock company

for 2014.

4. Election of the jury auditor for 2015 and the statement of compensation.

5. A response of members of Council of joint-stock company «Riga electric machine building works».

6. Election of new structure of Council of joint-stock company «Riga electric machine building works» and the statement of compensation.

  7. Election of Revision committee and the compensation statement.

Registration of shareholders will take place in day of general meeting - on

June, 19th of 2015. from 13.00 to 13.50. in a place of carrying out of

assembly.

Shareholders can take part on general meeting of shareholders personally or

through representatives. The shareholder is obliged to show the document of the

person, the representative (authorized representative) at registration should

show the notarilly certified power of attorney and the document of the person.

A proxy instrument form is available at NASDAQ Riga website http://www.nadaqbaltic.com., on the homepage of  Joint-stock company « Riga electric machine building works» at http://www.rer.lv/ and on the homepage of the Central Storage of Regulated Information http://www.oricgs.lv/.

The date of a record, at that the list of shareholders for participation in the

shareholder meeting, is June 11, 2015. Only these persons, who are owners of

joint-stock company «Riga electric machine building works» shares at this

date, have a right to participate in the shareholder meeting.

Shareholders representing at least one-twentieth part of JSC capital, have the

right, within seven days from the date of distribution of this Adjusted notice,

to raise additional items in the Board for inclusion in the shareholders

meeting agenda. A shareholder is required to submit draft decisions to the

Board on items for inclusion in the agenda of meeting they propose and that are

in competence of the shareholders' meeting. Shareholders must submit

explanations to the board about the additional items, for inclusion in the

agenda they are requesting and on that there is not intended to make decisions.

Shareholders can familiarize with projects of decisions of cases in point of

joint-stock assembly, and also present offers on the questions of joint-stock

assembly included in the agenda, to working hours from 10.00 to 15.00. at the

lawyer to the address of Riga, 31 Ganibu dambis since June, 03th of 2015.

Board of joint-stock company «Riga electric machine building works»