On April 29, 2010 JSC "Liepājas Metalurgs" will conduct the shareholders
meeting in the following order:
1) Joint-stock company "Liepājas Metalurgs" Council's Report about the performance results in the year 2009.
2) Approval of Joint-stock company's "Liepājas Metalurgs" Financial Statement 2009.
3) Joint-stock company "Liepājas Metalurgs" Board's and Council's release from liability for activity in the year 2009.
4) Distribution of Joint-stock company's "Liepājas Metalurgs" profit for the year 2009.
5) Joint-stock company's "Liepājas Metalurgs" budget 2010 approval.
6) Voting of Certified auditor.
7) Joint-stock company "Liepājas Metalurgs" auditorial committee establishment
8) Other points.

Decision:
2) Approve the JSC "Liepājas Metalurgs" financial reports for year 2009 and consolidated reports for year 2009.
3) To free the members of the Board and Council from being held responsible for the year 2009 operations.
4) The JSC "Liepājas Metalurgs" economic activities, in 2009, gave the loss of LVL 12,429,483, -.
5) To approve the budget draft for the year 2010, in which the income is forecast in the level of     240 709 616,- LVL (EUR 342 498 927,-), expenses as
240 400 417,- LVL (EUR  342 058 977,-), and profit as 309 199,- LVL (EUR 439 951,-).
6) Functions of Certified auditor to be carried out by the audit company “BDO”.
7) This issue was discussed at shareholders meetings, because the audit committee was elected April 28, 2009 shareholders meeting for three years.

Agrita Pakule
Assistant of the Chief
T.: 63455926, pakule@metalurgs.lv