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

1. Person's identification information:  P-D Management Industries Technologies GmbH (registered with registration number No. 17752 with the Trade Register B (HRB) of the Dresden District Court (Germany), registered business address: Wilsdruffer Strae 11, D-01723 Wilsdruff/Grumbach, 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 ielā 13, 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): Purchase of the shares.
6. Date and place of the transaction: The contract of the purchase of the shares concluded on 14 November 2008, at Oschatz (Germany).
7. Amount and price of the transaction: Total amount 3 000 000.86 EUR  comprising:
1) purchase of 1 102 281 shares for the price 0.61 EUR per share for the total of 672 391.41 EUR;
2) purchase of 1 698 985 shares for the price 1.37 EUR per share for the total of 2 327 609.45 EUR 
8. The date of the notification: 17 November 2008.