To secure and increase the understanding of investors, cooperation partners, clients and society about the company, its activities and governance, JSC “Grindeks” publishes the Corporate Governance Report.

JSC “Grindeks” Corporate Governance Report for the year 2010 (hereinafter - the Report) is made according to JSC “NASDAQ OMX Riga” “Corporate governance principles and recommendation on their implementation”, issued in 2008. The Report is made by “Grindeks” Board and revised by “Grindeks” Council.

Corporate governance principles were adjusted to “Grindeks” as much as possible and “Grindeks” complied with the biggest part of them, carrying out its operational activities, in 2010. The Report informs also according to the principle “observe or explain” on those principles, which “Grindeks” observed partially or did not observe in 2010, and on the circumstances that justified it.

The Report is submitted to “NASDAQ OMX Riga” together with “Grindeks” audited consolidated financial statements for 2010, published at the web site of “Grindeks” www.grindeks.lv, in the section “For investors”, as well as at the official web site of ”NASDAQ OMX Riga” http://www.baltic.omxnordicexchange.com.

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