According to the decision made on January 25, 2008 by the council of JSC „Latvijas kuģniecība” (LK), changes have been made in the board of the company. The changes are related to expiry of authority of the board members of LK Solvita Deglava, Ilva Purēna and Guntis Tīrmanis on February 13 of the present year. It has been decided in the board of LK to re-elect I. Purēns and G. Tīrmanis for three years. The term of authorization of both of the mentioned board members will commence on February 14, 2008 when also the re-elected board members Andris Linužs and Raivis Veckāgans will commence their work at the JSC „Latvijas kuģniecība”. Imants Sarmulis will continue working in the position of chairman of the board of LK. Miks Ekbaums and Solvita Deglava will stop performing duties of board members as well as the first vice-president and vice-president on February 13, 2008. As from February 14, 2008, the position of the first vice-president will be filled by A.Linužs and the position of vice-president - by R.Veckāgans. Thereby the quantitative structure of the board of LK will remain constant and will be represented by five highly qualified specialists in the field of navigation, finance and legal matters. The afore-mentioned changes in the board of the JSC „Latvijas kuģniecība” have been fixed in the Register of Enterprises of the Republic of Latvia. Reference information: Andris Linužs Member of the Board of JSC „Latvijas kuģniecība” Education 2003 - 2006 Saint Petersburg State Mining Institute - Technical University named after Plekhanov from Saint Petersburg, postgraduate studies - Degree of Candidate of Science 1998 - 2001 HUB - Hogeschool-Universiteit Brussel - MBA in Economics and Management 1989 - 1994 The University of Latvia, Faculty of Economics - higher education in the profession of national planning Career 2006 - 2007 JSC „Preses nams” - Chairman of the Board, President 2005 - at present JSC „Latvijas kuģniecība” - Board Member 2003 - 2006 JSC „Ventbunkers” - Director of Investment and Development Department, Board Member JSC „Preses nams” - Councillor 2004 - 2007 JSC „Latvijas naftas tranzīts” - Councillor 2001 - 2003 Representative office of JSC “Ventspils Nafta” in Astana (KZ) - Managing Director 1999 - 2001 Ministry of Economics of Republic of Latvia - Director of the Department of Industrial Policy and Entrepreneurship Support 1998 - 1999 „Parex Bank” - Project Manager 1998. JSC „Multicapital Securities” - Manager of Investments Department 1996 - 1998 JSC commercial bank „Viktorija” - Manager of Investments Department 1995 - 1996 JSC commercial bank „Tsvetmetbank” (KZ) - Board Member, Manager of Currency Transaction Division 1994 - 1995 JSC commercial bank „Viktorija” - Manager of Finance Operation Division Languages Native language - Latvian, speaks fluent Russian, English language, German - basic knowledge level Raivis Veckāgans Member of the Board of JSC „Latvijas kuģniecība” Education 1997 - 1999 The University of Latvia, Faculty of Economics and Management - Social Sciences Master's Degree in Economics 1995 - 1997 The University of Latvia, Faculty of Economics - qualification as Bank Economist 1993 - 1997 The University of Latvia, Faculty of Economics - Bachelor's Degree in Economics Career 2007. - at present Limited company “Ventall Termināls” - Councillor 2005. - at present JSC “L.V.K.” - Chairman of the Board 2005. - at present Limited company “Kurzemes investīcijas” - Chairman of the Board 2006. - at present Limited company “BIO-Venta” - Board Member, Finance Director 2005. - at present Limited company “VK Tranzīts” - Board Member, Finance Director 2005 - 2006 JSC “Baltic Coal terminal” - Board Member, Finance Director 2003 - 2005 JSC “Ventspils zivju konservu kombināts” - President of the Council 2002 - 2005 JSC “Ventspils tirdzniecības osta” - Board Member, Director of the Finance Department 2000 - 2002 JSC “Nord/LB Latvija” - Director of the Ventspils branch 2000. AKB “Baltijas tranzītu banka” - Corporate Customer Transactions Manager 1998 - 2000 AKB “Baltijas tranzītu banka” - Manager of the Leasing division 1995 - 1998 AKB “Baltijas tranzītu banka” - Accountant, Dealer, Manager of the Dealing Division Languages Native language - Latvian, speaks fluent Russian, English and German For further information: Marita Ozolina-Tumanovska Head of PR Departament Phone: (+371) 67020120, 29287169 E-mail: marita.ozolina@lscgroup.lv