1. Item of agenda
The reports of the Board of Directors and the Supervisory Council
Decision to approve the report of the Board of Directors and report of the Supervisory Council.

2. Item of agenda
The annual report
Decision to approve the annual report.

3. Item of agenda
To release the Members of the Board from responsibility of business activities performed in financial year 2006/2007.
Decision to release the Members of the Board from responsibility of business activities performed in financial year 2006/2007.

4. Item of agenda
Use of profit from the previous year of activity
Considering that the consolidated profit of the SAF Tehnika group is 159 582 LVL, but AS „SAF Tehnika” losses 6622 LVL, the losses of AS „SAF Tehnika” have to be covered from undivided profit, the decision to distribute the profit of previous periods as follows:

4.1) Decision to cover the losses of the Company 6622 LVL (six thousand six hundred twenty two Latvian lats) from undivided profit, which amounts to 3 412 176 LVL;

4.2) Decision to leave the amount of 3 405 554 LVL (three million four hundred and five thousand five hundred and forty five Latvian lats) as the undivided profit of the Company.
 
5. Item of agenda
The election of the auditor
Decision to elect Deloitte Latvia as the auditor of the Company for the next financial year. To authorize the Board of Directors to set the auditors fee.

6. Item of agenda
Other
6.1) To authorize with power to delegate authority Board of the Company to register the resolutions passed by the meeting of Shareholders in the Commercial Register, to ascertain an excerpt from the Minutes of this meeting, and to sign repeated application and / or complaint to the Commercial Register Authority in the case of Application for the Registry being declined.

6.2) To authorize with power to delegate authority Board of the Company to submit all the required documentation and supply the required explanations, if demanded, to register the resolutions passed by the meeting of Shareholders in the Commercial Register, and to take out the documents from the Commercial Register Authority.
 
Aleksis Orlovs
SAF Tehnika AS
CFO
Phone: +371 67046825
Fax: +371 67046809
aleksis.orlovs@saftehnika.com
http://www.saftehnika.com