Notification on JSC “Rigas Raugs” Extraordinary Meeting of shareholders


Management Board of Joint Stock Company “Rīgas Raugs” (registration number:     
40003040518, legal address: 27a Pulkveža Brieža street, Riga, LV-1045) announces
that on the basis of request of shareholder „Jästbolaget Ab” (registration      
number: 556033-4830, legal address: 19207 Sollentuna, Box 7003, Sweden)         
Extraordinary Meeting of Shareholders of JSC “Rīgas Raugs” will take place on 11
October, 2007 at 14 p.m. at premises of JSC “Rīgas Raugs”, 27a Pulkveža Brieža  
Street, Riga, Latvia.                                                           

Agenda:                                                                         
Changes in the Articles of Association of the JSC “Rīgas Raugs”.                
Election of the Supervisory Board of the JSC “Rīgas Raugs”.                     

Draft decision on the item of the agenda “Changes in the Articles of Association
of the JSC “Rīgas Raugs”” proposed by the shareholder „Jästbolaget AB” is       
following: point 5.2. of Articles of Association of the JSC “Rīgas Raugs”  to   
express in the following wording: “The Supervisory Board shall consist of 5     
(five) Members of the Supervisory Board and shall be elected to their position  
for 3 (three) years. Members of the Supervisory Board shall from their number   
elect the Chairman of the Supervisory Board and one Vice-Chairman of the        
Supervisory Board”.                                                             

Shareholders registration will be opened from 13.00 till 14.00 p.m. on the day  
of meeting - 11 October, 2007 - at the venue of the meeting.                    

The shareholders have rights to participate in the meeting individually or by   
their authorized representatives or attorneys:                                  
shareholders having a financial instruments account (securities account) with a 
commercial bank or an investment brokerage company shall present, upon          
registration, a passport or other personal identification document and a receipt
confirming blocking of shares on the account.                                   
shareholders having their securities deposited at the Initial register or       
Shareholders register shall present, upon registration, a passport or other     
personal identification document.                                               
representatives and proxies shall present, upon registration, a passport or     
other personal identification document and submit a written proxy (form of a    
written proxy is available on website of joint stock company “Rigas Raugs”      
www.raugs.lv as well) or authorized representatives shall present a document    
certifying authority, and a passport or a personal identification document, and 
a receipt issued by a commercial bank of an investment brokerage company        
certifying blocking of shares on the account if the shareholder having a        
financial instruments account (securities account) with a commercial bank or an 
investment brokerage.                                                           

Shareholders of JSC “Rīigas Raugs” shall apply for blocking shares on their     
accounts not later than by 01 October 2007 (by the end of the business day).    

Draft decisions on the agenda of the meeting are available upon a request of    
shareholders of JSC “Rīgas Raugs” starting from 27 September, 2007 till 10      
October, 2007 at premises of JSC “Rīgas Raugs”, 27a Pulkveža Brieža Street,     
Riga, on all business days from 09.00 till 16.00 and on the day of meeting - at 
the venue of registration. Phone number for inquiries +371 7 33 60 66.          

The total amount of shares with voting rights of joint stock company “Rīgas     
Raugs” is 773 000.                                                              

On behalf of the Management Board of JSC “Rigas Raugs”,                         

Chairperson of the Management Board	Member of the Management Board              
M.Suvorova 					G.Teluško