Riga, 11 April 2007 AS „Laima” Board opinion on AS ”Laima” stock redemption obligatory offer On 05 April 2007, the Commission for Financial and Capital Market (FKTK) passed a decision to allow the AS „Laima” stockholder „NP Confectionary AB” to make the stock redemption obligatory offer to AS „Laima” approving the redemption price of one stock of 1.76 LVL. This stock redemption offer is valid for stock holders physical persons, as well as legal entities and state institutions. The Board of AS „Laima” evaluated the stock redemption obligatory offer of „NP Confectionary AB” to AS „Laima” and concluded that it is in compliance with the regulatory acts. As far as the stockholder „NP Confectionary AB” has acquired in total, directly and indirectly, the stocks making 92.67% in the AS „Laima” fixed capital and voting stock, the Board considers that the stockholders shall have an opportunity as a result of the offer to increase their specific gravity in the AS „Laima” fixed capital and voting stock. The Board considers that a greater specific gravity of the stock possessed by a single stockholder shall improve the AS „Laima” performance efficiency and further development, also facilitating the influx of investments. The Board considers that the stock redemption obligatory offer by „NP Confectionary AB” and its implementation shall influence positively AS „Laima” and its employment policy as the strategic plans defined by the stockholder „NP Confectionary AB” in relation to AS „Laima” agree with the standpoint of the Board of AS „Laima”. The Board of AS „Laima” considers it positive that the offerer does not provide for making changes in the AS „Laima” Board or Council membership, and that the AS „Laima” personnel shall keep their works in accordance with the labor contracts concluded. The Board of AS „Laima” confirms that a project of moving the AS „Laima” production facilities to Riga Region has been commenced since 2006; the project is planned to be worked out and implemented before 2009. The AS „Laima” stockholders have an opportunity to evaluate the stock redemption obligatory offer by „NP Confectionary AB” and make a free and reasonable decision whether to accept it and sell the stock at the price fixed in the offer or not. For the Board of AS „Laima”, Chairman of the Board Normunds Ozoliņš