The Annual General Meeting of shareholders of joint stock company “VEF” was held on April 20, 2007. The meeting resolved following resolutions: 1.On the first item of the Agenda „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 “VEF”. 2.On the second item of the Agenda „ Approval of Annual report for the year 2006”: 1)To approve the Annual Report of JSC “VEF” for the year 2006 prepared by the Management Board and revised by the Supervisory Board. 2)To transfer the balance position “Other reserves” 586 037 LVL (five hundred eighty six thousand thirty seven lats) into the balance position “Undistributed profit of previous years”. 3.On the third item of the Agenda „Distribution of profit for the year 2006”: The net profit of JSC „VEF” for the year 2006 in the amount of 13 842 LVL use to cover loses of previous years. 4.On the fourth item of the Agenda „Election of the auditor for the audit of Annual Report for the year 2007 and determination of the remuneration for the auditor”: 1)To elect sworn auditor Māra Līgute (licence No. 55) as auditor of the Annual Report of JSC “VEF” for the year 2007. 2)To determine the remuneration for the auditor for audit of the Annual Report of JSC “VEF” for the year 2007 in the amount of 1062 LVL, including taxes provided by the legislative acts. 3)To assign the Management Board of JSC “VEF” to sign the contract with the elected auditor for audit of the Annual Report of JSC “VEF” for the year 2007. On behalf of the Management Board of JSC „VEF”, G.Feņuks Chairman of the Management Board T.Kampāne Member of the Management Board