Joint Stock Company “VEF Radiotehnika RRR”

Draft resolution of the extraordinary meeting of shareholders,

taking PLACE ON September 5, 2008

Agenda of the meeting:

1.Personell changes in the Council of JSC ”VEF Radiotehnika RRR” 

With .......... % of eligible shareholdres  the rresolution has been accepted:

To approve the results of elections of members of the Council:

(The shareholders and Board have not announced the list of candidates to the positions of members of the Council, the candidates will be nominated during the meeting.)

2.Organization of the revision committee of JSC ”VEF Radiotehnika RRR”

With .......... % of eligeble shareholdres  the resolution has been accepted:

To approve the results of elections of members of the revision committee, elected in accordance with p. 54’ of FIT law.

(The shareholders and Board have not announced the list of candidates and remuneration to the members of the committee, the candidates will be nominated during the meeting).

3. Business and financial situation of JSC „VEF Radiotehnika RRR”

With .......... % of eligeble shareholdres  the resolution has been accepted:

To accept the report of the Board on the results of the activities the company in the first half of the year.

Chairman of the meeting