JSC ‘Riga Electric Machinery Factory’ (hereinafter referred to as JSC ‘RER’) informs that on 30.08.2012. acquires 100% capital share of regulatory capital of ‘LatTransKomplekt’ Ltd, reg.No.40103287324, with the purpose of gaining profit. The share price is 936.000,-LVL. The provisions of payment are as follows:
1) 158 000 LVL is due not later than 01.09.2012.g.
2) 42 000 LVL is due not later than 01.10.2012.g.
3) 736 000 LVL is due not later than 31.08.2014.g.

Information about ‘LatTransKomplekt’ Ltd, reg.No. 40103287324:
Registered in the LR Commercial Register on 20.04.2010.
The types of principal activities – general wholesale trade,

Indicator 2011 2010
1.Net turnover 10 11386422 4459786
16.Revenue tax for period of accounting 160 -166715 -78720
19.Accounting period profit or loss after tax deduction (net income) 180 937240 443739

Dividends calculated and paid 443739,-LVL

‘LatTransKomplekt’ Ltd is not involved in court or arbitration proceedings.