The joint stock company Ventspils nafta received several statements from the company's shareholders who pursuant to legal provisions of the Republic of Latvia inform about the loss and acquisition of significant participation in JSC Ventspils nafta. In the statement dated 16 April 2007 the company Euromin Holdings (Cyprus) Limited informs that since 13 April 2007 it has increased its participation in JSC Ventspils nafta from 34.75% of its whole capital and the number of shares with voting power (36, 314, 148 shares) to 43.06% of the capital and the number of shares with voting power (44, 990, 780 shares). Euromin Holdings (Cyprus) Limited points out that it has bought 8, 676, 632 shares of JSC Ventspils nafta having a nominal value of LVL 8, 676, 632 and all the shares bought are in public circulation amounting to 8.31% of all shares with voting power issued by JSC Ventspils nafta and 8.31% of the whole share capital issued by JSC Ventspils nafta. In correspondence with data provided by Euromin Holdings (Cyprus) Limited, it is a company registered in Cyprus. Its registered office is at 58 Arch Makarios III Avenue, Iris Tower, Office 602, Nicosia, Cyprus. Actual place of business: 28 Boulevard Du Pont d`Arve, PO Box 384, 1211, Geneva, Swiss. In the statement dated 19 April 2007 the company Euromin Holdings (Cyprus) Limited informs that since 15 April 2007 it has increased its participation in JSC Ventspils nafta from 43.06% of its whole capital and the number of shares with voting power (44, 990, 780 shares) to 47.89% of the capital and the number of shares with voting power (50, 038, 295 shares). Euromin Holdings (Cyprus) Limited specifies that it has bought 5, 047, 515 shares of JSC Ventspils nafta having a nominal value of LVL 5, 047, 515 and all the shares bought are in public circulation amounting to 4.83% of all shares with voting power issued by JSC Ventspils nafta and 4.83% of the whole share capital issued by JSC Ventspils nafta. In correspondence with data provided by Euromin Holdings (Cyprus) Limited, it is a company registered in Cyprus. Its registered office is at 58 Arch Makarios III Avenue, Iris Tower, Office 602, Nicosia, Cyprus. Actual place of business: 28 Boulevard Du Pont d`Arve, PO Box 384, 1211, Geneva, Swiss. In the statement dated 14 April 2007 the company Avenue Emerging Markets Fund Ltd informs that it has decreased its participation in the share capital of JSC Ventspils nafta from 9.67% (10, 105, 055 shares) before 10 April 2007 to 3.96% (4, 132, 283 shares) after 10 April 2007. Avenue Emerging Markets Fund Ltd points out that all shares of JSC Ventspils nafta owned by it are in public circulation. In correspondence with data provided by Avenue Emerging Markets Fund Ltd, it was incorporated on 21 June 2002 in the British Virgin Islands, address: Follo Chambers, PO Box 800, Road Town, Tortola, British Virgin Islands. JSC Ventspils nafta For further information, please call Gundega Vārpa (phone number - 7229793) or e-mail to gundega.varpa@vnafta.lv