The following decisions were passed by the meeting:

Results of Voting for Decision No. 1

VOTING RESULTS:

IN FAVOUR -450103 votes

AGAINST - 0 votes

ABSTAINED FROM VOTING - none

DECIDED:

To approve the Board Report (management report) of JSC „Grobina”. Auditor’s conclusion about the results on year 2010 at JSC „Grobina”.

Results of Voting for Decision No. 2

VOTING RESULTS:

IN FAVOUR -450103 votes

AGAINST - 0 votes

ABSTAINED FROM VOTING - none

DECIDED:

To approve the Report of the JSC “Grobiņa” Council.

Results of Voting for Decision No. 3

The voting for this draft decision did not occurred.

Results of Voting for Decision No. 4.

VOTING RESULTS:

IN FAVOUR -450103 votes

AGAINST - 0 votes

ABSTAINED FROM VOTING - none

DECIDED:

To approve the review for Year 2010

Results of Voting for Decision No. 5

VOTING RESULTS:

IN FAVOUR -420508 votes

AGAINST - 29595 votes

ABSTAINED FROM VOTING - none

DECIDED:

Not to distribute the profit, but to shift it for the production development and modernization of JSC “Grobina”.

.

Results of Voting for Decision No. 6

VOTING RESULTS:

IN FAVOUR - 450103 votes

AGAINST - 0 votes

ABSTAINED FROM VOTING - none

DECIDED:            

            As JSC „Grobina” meets the LR „Financial Instruments Market Law” Article 1st, point 3. according to LR „Financial Instruments Market Law” Article 54.1 , part 11. to delegate the function of audit committee to the council of JSC „Grobina”

Results of Voting for Decision No. 7

VOTING RESULTS:

IN FAVOUR - 450103 votes

AGAINST - 0 votes

ABSTAINED FROM VOTING - none

DECIDED:

Take notice of the boards/ councils report of actions made, to accomplish the decision, made on 23th of April, year 2010 at the shareholders meeting, about the internal audit

Results of Voting for Decision No. 8

VOTING RESULTS:

IN FAVOUR - 0 votes

AGAINST - 402114 votes

ABSTAINED FROM VOTING - 47989

Decision was not passed.

Results of Voting for Decision No. 9

VOTING RESULTS

for each candidate nominated for the position of a Council

member:

1) Argita Jaunsleine

               For -81300   votes

2) Ojārs Osis

               For -81428  votes

3) Jānis Meijubers

               For -81009  votes

4) Gunārs Laugalis

               For -70000 votes

5) Linda Elsberģe

               For - 70000 votes

6) Daiga Skukina

               For – 66366 votes

DECIDED:

To elect the Council of the JSC “Grobiņa” in the following composition:        

Argita Jaunsleine

Ojārs Osis

Jānis Meijubers

Gunārs Laugalis

Linda Elsberģe

Results of Voting for Decision No. 10

VOTING RESULTS:

IN FAVOUR - 420508 votes

AGAINST - 29595 votes

ABSTAINED FROM VOTING - none

DECIDED:

Determine the remuneration to JSC “Grobiņa „council members. Determine the remuneration of 400 LVL before the tax payment to the council members once in a month.

Determine that the costs of council members, which are directly related to the obligations managed as a member of the council, are compensated in following order: travel expenses – 0, 15 LVL per km, mail and communication expenses – after the fact.

Results of Voting for Decision No. 11

VOTING RESULTS:

IN FAVOUR -450103 votes

AGAINST -0 votes

ABSTAINED FROM VOTING - none

DECIDED:

1. Elect Ltd. “Audit Advice”, Reg. No. 40003858822; LZRA license No. 134 (auditor in charge Marija Jansone, certificate No. 25) as the auditor for year 2011.
2. Determine the remuneration to the auditor based on the capacity of the work and the regulations of the contract made between JSC „Grobina” and the auditor.

               Results of Voting for Decision No. 12

VOTING RESULTS:

IN FAVOUR -450084 votes

AGAINST - 19 votes

ABSTAINED FROM VOTING - none

DECIDED:

Confirm the budget for Year 2011, determining the total revenue 2 530 863 LVL and total expenditure 2 589 655 LVL.

Confirm the profit/ loss for year 2011, forecasted and corrected by the board of JSC „Grobina” 25 142 LVL

Results of Voting for Decision No. 13

VOTING RESULTS:

IN FAVOUR -450103votes

AGAINST – 0 votes

ABSTAINED FROM VOTING - none

DECIDED:

1. Include the 2500 reserve shares of JSC „Grobina” in regulated market and convert all of JSC „Grobina” registered shares to bearer shares. As in result amend part 3 in the statutes of JSC „Grobina” and express it in following edition:

1. „SHARE CAPITAL

1. Company's share capital is 500 000 LVL.
2. Company's share capital consists of 500,000 bearer shares.
3. The par value of one share is 1 LVL.
4. All company’s shares are dematerialized.”

1. Confirm the new edition of statutes of JSC „Grobina”.
2. Authorize the board of JSC „Grobina” to take all necessary steps for implementing this decision.

  Professional Experience of the new Council Members attached

 Argita Jaunsleine
Council member
+ 371 29102585