On sale of shares


We hereby advise you of Sale by Lacrier select Inc. of 481 317 (four hundred    
eighty one thousand three hundred seventeen) shares of „Rigas elektromasinbuves 
rupnica” (RER1R) that amounts 8.3% of the authorized capital of „Rigas          
elektromasinbuves rupnica” where:                                               

35 837 (thirty five thousand eight hundred thirty seven)  public issue shares   
(ISIN LV0000101012) that amounts 1.28% of the total amount of public issue      
shares (ISIN LV0000101012) and 0.62% of the authorized capital of „Rigas        
elektromasinbuves rupnica” .                                                    
Public issue shares (ISIN LV0000101012) to the amount of 2 789 400 (two million 
seven hundred ninety eight thousand four hundred) are registered in the Baltic  
Equity Free list quoting at the Riga stock exchange;                            

445 480 (four hundred forty five thousand four hundred eighty) closed issue     
shares (ISIN LV0000601144) that amounts 14.85% of the total amount of closed    
issue shares (ISIN LV0000601144) and 7.68% of the authorized capital of „Rigas  
elektromasinbuves rupnica”.                                                     


Attorney of Lacrier select Inc.				
Tatyana Osipyan