JSC Olainfarm requests LCD to prepare complete shareholders register for securing of preemptive rights for the new share issue

AS Olainfarm shall on April 13, 2007 request the Latvian Central Depository of
Securities (LCD) to prepare in accordance with the LCD regulations on
determination of holders of financial instruments a complete register of
shareholders of AS Olainfarm as of April 26, 2007 in order to secure the use of
shareholders' preemptive right to purchase shares, subject to the annual
general shareholders meeting's approval of a new issue of shares. The nominee
account holders must disclose shareholder identities in order for them to use
the preemptive right to subscribe for the shares. The last day of trading
before completion of the shareholders register is April 23, 2007. 

Olaine, April 11th, 2007

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