On 29 October 2010 JSC “Grindeks” has received the notification on obtaining significant holding from "AB.LV Private Equity Fund 2010".

"AB.LV Private Equity Fund 2010"`s total holdings in the security of JSC “Grindeks” currently amount to 11.38% of the outstanding shares.

In the attachment: Notification from "AB.LV Private Equity Fund 2010” on 1 page (in Latvian).

Management Board of JSC “Grindeks”

Further information:

Laila Kļaviņa
Head of the Communications Department
JSC “Grindeks”
Phones: (+371) 67083370, (+371) 29256012
Fax: (+371) 67083505
e-mail: laila.klavina@grindeks.lv