Information on press - conference


Invitation

JSC Olainfarm Hereby invites you to a press - conference about the important
developments in company's operations.  In the press - conference the CEO of
Olainfarm Dr. Valerijs Maligins will present company's strategic plans and the
Deputy Chief financial officer Mr. Salvis Lapinsh will provide an insight into
company's financial results of 2006. 

Professor Ivars Kalvinsh, Director of Latvian Institute for Organic Synthesis
will inform about the latest results of the cooperation between Institute and
the JSC Olainfarm in development of new medicines (with a particular emphasis
on two new medicines for treatment of the central neural system and a
medication for treatment of cardiovascular diseases).  Mr. Martinsh Jaunarajs,
Head of Investment Banking Unit of Parex Banka and Mrs. Daiga Auzina -
Melalksne, Chairwoman of the Board of Riga Stock Exchange will also participate
in the conference. 

Press - conference will took place on Tuesday, February 27 at 12.00 in the
premises of Riga Stock Exchange on 1 Valnu str, Riga. For an additional
information on press - conference please contact Sigita Lapsina, Representative
of Olainfarm on public relations matters (mobile +37126377286 ; e-mail:
sigita@hkl.lv) 

Olaine, February 26th, 2007

Prepared by
Salvis Lapinsh 
Deputy CFO
JSC Olainfarm
Mobile. +37126448873
E-mail: slapinsh@olainfarm.lv