Draft resolutions of AGM of JSC „Rigas Raugs”


1.	The Reports of the Management Board, the Supervisory Board and the statement
of the sworn auditor. 

To take notice of the report of the Management Board, the report of the
Supervisory Board and the statement of the sworn auditor of joint stock company
“Rigas Raugs”. 

2.	Approval of Annual reports for the year 2006.

To approve the following Annual Reports for the year 2006 prepared by the
Management Board of JSC “Rigas Raugs” and revised by the Supervisory Board of
JSC “Rigas Raugs”: 
1)	Annual Report for the year 2006 of JSC “Rigas Raugs” (attached on 23 pages);
2)	Consolidated Annual Report for the year 2006 of JSC “Rigas Raugs” (attached
on 23  pages); 

3.	Distribution of profit for the year 2006.

1)	To approve the net profit of JSC „Rigas Raugs” for the year 2006 in the
amount of 46 624 LVL. 

2)	To distribute the profit for the year 2006 as follows:
a.	to pay in dividends LVL 46 380  or LVL 0,06 per one share, determining
August 23,  2007 as the record date of dividends' calculation and August 30,
2007 as the date of dividends' payment; 
b.	to leave 244 LVL undistributed.

4.	Election of the auditor for the audit of Annual Reports for the year 2007
and determination of the remuneration for the auditor. 

1)	To elect audit company “Ernst & Young Baltic Ltd.” SIA (commercial company
licence No. 17) as auditor of the Annual Reports of JSC “Rigas Raugs” for the
year 2007. 

2)	To determine the remuneration for the auditor for audit of the Annual
Reports of JSC “Rigas Raugs” for the year 2007 in the amount of 6962 LVL,
including taxes provided by the legislative acts. 

3)	To assign the Management Board of JSC “Rigas Raugs” to sign the contract
with the elected auditor for audit of the Annual Reports of JSC “Rigas Raugs”
for the year 2007. 

5.	Election of the Supervisory Board.

1)	Considering the applications of Pertti Olavi Heiskanen and Jone Voll about
leaving position of the members of the Supervisory Board and according to the
Clause 296 Part Nine of the Commercial law, release from their positions
members of the Supervisory Board of JSC “Rigas raugs” Juha Reino Ylä-Anttila,
Pentti Juhani Yrjö Heinonen, Sven Anders Oscar Gunnarsson and Lars Johan Anders
Olsson starting from April 11, 2007. 

2)	To elect in the positions of the members of the Supervisory Board of JSC
“Rigas Raugs” for the term three years, determining the beginning of the duties
of the Supervisory Board as of the April 11, 2007: 

1.Juha Reino Ylä-Anttila
2.Pentti Juhani Yrjö Heinonen
3.Ilkka Juhani Kylmälä
4.Tommy Strømstad
5.Sven Anders Oscar Gunnarsson
6.Lars Johan Anders Olsson

Information about new candidates to the Supervisory Board

Ilkka Juhani Kylmälä

Finnish citizen, 54 years old. 25 years worked in Polttimo Companies Ltd in
different positions. Since 2002 started to work in Viking Malt Oy as production
director, now he is deputy managing director. 

Tommy Strømstad

Norwegian cirizen, 47 years old. 19 years working experience in different
positions in Orkla companies. Former position was CFO in Idun Industri AS, the
leading bakery ingredients company in Norway which also included a yeast
factory. Present position - CFO in Orkla Food Ingredients for 4 years. 


Riga, March 27, 2007



Chairperson of the Management Board				M. Suvorova					

Member of the Management Board				G. Teluško