EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

          Basing on Articles 270 and 273 of the Commercial Law of Latvia and according to the decision taken by the Board of the Company on August 12^th, 2009 (Minutes V-2009/8) Extraordinary General Meeting of Shareholders of the Joint Stock Company “Olainfarm” (registration number 40003007246, legal address: Rupnicu iela 5, Olaine, LV-2114, Latvia) is to be convened on September 25^th, 2009 at 12:00. The Meeting is being convened by the Board on request of the Council.

            Agenda of the Meeting:

1.           1. Election of the Council.

Extraordinary General Meeting of Shareholders will take place in premises of JSC “Olainfarm” in Olaine, Rupnicu iela 5. Registration of the shareholders will take place between 11:00 a.m. and 11:45 a.m. on the day of the meeting. When registering, the participant must present a valid passport or any other such identification document bearing holders photography and stating names and personal identity number of the shareholder. If the shareholder is represented by a representative, the latter has in addition to the above present a duly authorized Power of Attorney authorizing the holder to represent the shareholder at the said Extraordinary General Meeting.

Shareholders wishing to participate in the Extraordinary General Meeting of Shareholders with the voting rights have to apply for blocking of their shares with the holder of their respective securities account by September 15^th, 2009, inclusive.

Draft resolutions on the issues included in the agenda of the Extraordinary General Meeting will be available starting with September 10^th , 2009 at the Legal Department of JSC “Olainfarm” in Rupnicu iela 5, Olaine, Latvia every working day from 9 a.m. until 4 p.m.     

            Board of Joint Stock Company “Olainfarm”

Prepared by:

Irina Bindare

Legal adviser

JSC Olainfarm

Rūpnīcu street 5, Olaine

Latvia, LV 2114

Phone: +371 6 7013 870

Fax: +371 6 7013 777