Valmieras stikla šķiedra                               April 23, 2008

JSC "Valmieras stikla šķiedra" AGM of shareholders to convene on May 30, 2008

JSC "Valmieras stikla šķiedra" AGM of shareholders will be held on May 30, 2008 at 11:00, at the address Cempu iela 13, 
Valmiera, on the premises of "Valmieras stikla šķiedra". 

Agenda:

1. Reports by the Management Board, the Supervisory Council, and the sworn auditor of JSC Valmieras stikla šķiedra, 
and approval of the Annual Report 2007

2. Profit distribution for 2007

3. Election of a sworn auditor for 2008 and determination of his remuneration

4. Determination of the compensation for Supervisory Council members

Shareholder registration will be open on the day of the Meeting, May 30 2008, from 10:00 till 11:00 at the venue 
of the meeting. 

Shareholders may participate in person, or may be represented by proxies or trustees:

* Upon registration, shareholders whose shares are booked to a financial instrument account (securities account) 
at a credit institution or investment broker company, have to present their passport or other personal ID and an 
account statement about the blocked shares. 

* Shareholders, whose shares are registered in the Ultimate registry, are to present their passport or other personal ID.

* Trustees are expected to present written proxies of their represented shareholders (proxy form available at www.oricgs.lv), 
a personal ID of the trustee, or in case the shares are booked to a financial instrument account (securities account) 
at a credit institution or investment broker company, an account statement about the blocked shares. 

May 20, 2008, by the end of the business day, is the deadline for instructing the custodian to block the shares 
on the account. 

The documents related to the issues to be discussed at the meeting will be available to the shareholders for inspection, 
and shareholders are encouraged to submit proposals and recommendations with regard to the draft resolutions of the AGM 
in writing from May 16 until May 29, 2008, on business days from 8:00 till 16:00, at the address Cempu iela 13, Valmiera, 
room 9 (personnel dept.), or on the day of the Meeting at Registration. Contact phones: +371 64202213, +371 64202211.

The total number of shares with a right to vote is 23,903,205.

JSC „Valmieras stikla šķiedra” Management Board