Warning issued to AS „Olainfarm”


Riga Stock Exchange Management Board on its meeting of October 22, 2008, issued
a warning to AS „Olainfarm”. The company breached the RSE Rules Article
14.1.2. 

The RSE Rules Article 14.1.2. says, that if a new person has been elected or
appointed in the management board or supervisory board of the Issuer, the
Issuer shall submit a short description of the person's professional experience
of three previous years and information about the number of Issuer's voting
shares held by this person. 

On October 15, 2008 AS „Olainfarm” published an announcement regarding
changes in its Management Board. In the announcement it was said that LR
Commercial Register on October 9, 2008 took a decision to make the entries into
the Commercial Register, whereby the decision to release Mr. Andris Jegorovs
from the post of the Board member and to appoint Mr. Vjaceslavs Kulikovs to the
post of the Board member took effect. RSE through evalution of the company
announcment has identified, that the company has breached the RSE Rules. 


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