The Financial and Capital Market Commission on 19 November 2008 received the notification submitted by the inside information holder of JSC ''Valmieras stikla škiedra'' regarding the transaction in an issuer's shares.

1. Person's identification information:  P-D Glasseiden GmbH Oschatz (registered with registration No. 21085 with the Trade Register B (HRB) of the Leipzig District Court (Germany), registered business address: Wellerswalder Weg 17, 04758 Oschatz, Germany). 
2. Reason for obligation to notify: Articles 86 and 86 ¹ of the Financial Instruments Market Law of the Republic of Latvia.
3. Issuer's firm name, legal address, number and place of registration, and the registering institution: JSC ''Valmieras stikla šķiedra'' (registered with the Riga division of the Trade Register of the Republic of Latvia with registration No. 40003031676; registered business address: Cempu ielā13, Valmiera, LV-4201, Latvia). 4. Information on the financial instrument which gives an explicit basis for identifying the financial instrument: Publicly circulated ordinary shares with voting rights; ISIN code: LV0000100485.
5. Type of the transaction (buying, selling): Selling.
6. Date and place of the transaction: The contract of the purchase and selling of the shares concluded on 14 November 2008, at Oschatz (Germany).
7. Amount and price of the transaction: 1 698 985 shares for a price 1.37 EUR per share, total amount 2 327 609.45 EUR.
8. The date of the notification: 17 November 2008.