3rd of March 2017 in the Register of Enterprises registered a decrease in the participation of JSC "Riga Electric Machine Building Works" in the equity capital of the subsidiary OOO «RER-Termināls», reg. Number 40203010535, up 29.82%.

The second participant «BSCT» Company purchased additional 6,000 shares of the capital «RER-Termināls» Ltd., after which it was owned 8,000 shares, or 70.18%.

The resulting sale of shares of the capital sum of money EUR 600 000 is directed to repay the loan liabilities of REZ to AS "Meridian Trade Bank".

TAMĀRA ROGOVA

AS "Rīgas elektromašīnbūves rūpnīca"

juriste

tālr. +371 67381712, +371 27001052

mail: tamara.rogova@rer.lv