Riga, “VEF Radiotehnika RRR”                      April 14, 2009

Draft decision of meeting of shareholders

of JSC “VEF Radiotehnika RRR”

scheduled on April 28 , 2008.

Agenda:

1.      Report of the Board on the results of 2008

With ………. % of the votes of eligible shareholders present the decision has been taken:

To approve the Report of the Board of Joint Stock company.

2.      Report of the Council  on the results of 2008

With ………. % of the votes of eligible shareholders present the decision has been taken:

To approve the Report of the Council of Joint Stock company.

3.      Report of the sworn auditor

With ………. % of the votes of eligible shareholders present the decision has been taken:

To approve the Report of the sworn auditor of Joint Stock company.

The condusion of audit will be published up to 24.04.09.

4.      Approval of the balance sheet of 2008

With ………. % of the votes of eligible shareholders present the decision has been taken:

To approve the balance sheet of 2008 of Joint Stock company with the total amount of LVL.5705304

5.      Sharing of profit of 2008

With ………. % of the votes of eligible shareholders present the decision has been taken:

To divert the profit of 2008 of LVL 16665  to cover the losses of the previous years.

6.      Approval of the budget and plan of activities of 2009 for JSC “VEF Radiotehnika RRR”

With ………. % of the votes of eligible shareholders present the decision has been taken:

To approve the budget and plan of activities of 2009 for JSC “VEF Radiotehnika RRR”:

1. Incone, including                               2325000

1.1. Sales of products and services          1300000         

1.2. Rent of premises, utilities                  1000000

1.3. Other incomes                                     25000          

2.Productions expenses                          1750000

2.1.Personal expenses                             560000

2.2.Rent of service                                  380000

2.4.Industrial materials and services       530000

3.Profit gross                                           575000          

4 Sales expenses                                     50000

5.Administrative expenses                       340000 

6.Profit from other economics activities 181000

7.Other incomes of percent                     1000

8.Payment of percent                              120000

9.Profit up to taxes                                  247000

10.Real estate tax                                     106000

11.Profit after taxes                                  141000

7.      Election of sworn auditor

With ………. % of the votes of eligible shareholders present the decision has been taken:

       To elect Nelli Jermolicka (certificate Nr. 102) as sworn auditor of JSC “VEF Radiotehnika RRR” for year 2009.

8.      Evaluation of economic situation at JSC „VEF Radiotehnika RRR” and improvement of business organization structure.

With ………. % of the votes of eligible shareholders present the decision has been taken:

To approve the proposal of Improvements of management-business structure of JSC “VEF Radiotehnika RRR” .

The information has prepared a mamber of advice

A.Smiltniece

67417219, info@rrr.lv