The Management Board of joint stock company “LATVIJAS KUĢNIECĪBA” (unified registration number: 40003021108, legal address: Elizabetes Street 1, Riga, Latvia, LV-1010) announces that based on the request of the shareholder Vitol Netherlands B.V. (registration number: 24296371, registered address at K.P. van der Mandelelaan 130, 3062MB Rotterdam, Netherlands) the agenda of the extraordinary shareholders’ meeting of joint stock company “LATVIJAS KUĢNIECĪBA” which will take place on September 19, 2017 at the hotel “Monika Centrum Hotels”, 21 Elizabetes iela, Riga, Latvia at 15.00 p.m is supplemented with the additional item on the agenda “2. On share capital increase”.

Shareholder Vitol Netherlands B.V. proposal for draft decision on the additional item on the agenda “2. On share capital increase”:

“2. On share capital increase.

1. Conceptually support share capital increase by 60 000 000 EUR up to 120 000 000 EUR by issuing new shares in the closed (non public) share issue with the aim to refinance shipping debt.
2. To assign the management board in cooperation with the supervisory council to prepare and submit for review and approval to the shareholders meeting documents necessary for the capital rising.”

Management Board of joint stock company “LATVIJAS KUĢNIECĪBA”

Artis Ozoliņš,

Communications Consultant

JSC Latvian Shipping Company

Phone: +371-26179051

Email: AOzolins@golin.com

Web: http://www.lk.lv/en/