1.At the General Meeting shareholders of the JSC “Liepājas metalurgs” approved the Company Council Report on the operational performance in the year of 2006. 2.At the General Meeting shareholders of the JSC “Liepājas metalurgs” approved the Annual Report of the year 2006: - Net turnover LVL 192 246 290 (EUR 273 541 827) - Profit after tax LVL 9 467 276 (EUR 13 470 720) 3.At the General Meeting shareholders of the JSC “Liepājas metalurgs” released the Council and Board members from bearing any responsibility for the operations 2006. 4.At the General Meeting shareholders of the JSC “Liepājas metalurgs” decided to transfer the 2006 profit of LVL 9 467 276 (EUR 13 470 720) to the needs of production development due to the reconstruction of the JSC “Liepājas metalurgs”. 5.At the General Meeting shareholders of the JSC “Liepājas metalurgs” approved the budget forecast for the year 2007: - Net turnover LVL 179,9 Mio. (EUR 255,97) - Profit after tax LVL 1,09 Mio. (EUR 1,55) Joint-Stock Company “Liepājas metalurgs” Chairman of the Board /V.Terentjevs/ Liepāja, Latvia April 28, 2007
Resolution of the Stockholders' General Meeting of the Joint-Stock Company LIEPĀJAS METALURGS
| Source: Liepajas metalurgs