DECISION DRAFTS of the Extraordinary General Meeting of Shareholders

of joint stock company “Latvijas balzams” dated 16 October 2009

 1.      Election of the Supervisory board.

 1)      Having regard of the application on the leave of the office of the Supervisory Board from Aleksandrs Jernevs, the member of the Supervisory Board, and in accordance with the Paragraph nine of the Article 296 of the Commercial Law, as of 16 October 2009 to release from the office of the member of JSC „Latvijas balzams” Supervisory Board Alexander Kovalev, Petr Aven, Vitolds Kokars, Valizhan Abidov and Andrey Skurikhin.

 2)      To elect for the office of the member of JSC „Latvijas balzams” Supervisory Board for the term three years, starting on 16 October 2009:

 1.      Alexander Kovalev;

2.      Petr Aven;

3.      Andrey Skurikhin;

4.      Aigars Kalvitis;

5.      Sebastiaan Boelen;

6.      Val Mendeleev.

 Riga, 01 October 2009

 JSC „Latvijas balzams”

Chairman of the Board                                                             Kārlis Andersons