Notification on convocation of JSC"Valmieras stikla šķiedra" Annual General Meeting of shareholders

Management Board of joint stock company “VALMIERAS STIKLA ŠĶIEDRA”
(registration number: 40003031676, legal address: 13 Cempu iela, Valmiera,
Latvia, LV-4201) calls up and announces that Annual General Meeting of
Shareholders of joint stock company “VALMIERAS STIKLA ŠĶIEDRA” will take place
on  May 28, 2010 at 11 a.m. at premises of joint stock company “VALMIERAS
STIKLA ŠĶIEDRA”, 13 Cempu iela, Valmiera, Latvia. 

Agenda:
1.	Reports of Management Board, Supervisory Board, Audit Committee and
statement of Sworn auditor, approval of Annual reports for the year 2009. 
2.	Distribution of profit for the year 2009.
3.	Election of auditor for the audit of Annual reports for the year 2010 and
determination of the remuneration for auditor. 
4.	Election of the Supervisory Board and determination of the remuneration for
Members of the Supervisory Board. 
5.	Determination of the remuneration for Members of the Audit Committee.

Shareholder Registration will be open from 10.00 a.m. till 11.00 a.m. on the
day of meeting - May 28, 2010 - at the venue of the meeting. 

The record date for participation at the annual shareholders' meeting of joint
stock company “VALMIERAS STIKLA ŠĶIEDRA” is May 20, 2010. Only those persons
who are shareholders on the record date with the amount of the shares they own
on the record date have rights to participate at the annual shareholders'
meeting of joint stock company “VALMIERAS STIKLA ŠĶIEDRA” to be held on May 28,
2010. 

Shareholders have rights to participate in the meeting in person or by
mediation of their legal representatives or authorised persons: 
	upon registration, shareholders shall present a passport or other personal
identification document. 
	upon registration, representatives and authorised persons of shareholders
shall present a passport or other personal identification document, and shall
submit written power of attorney of the represented shareholder (form of a
written power of attorney is also available on website of joint stock company
“VALMIERAS STIKLA ŠĶIEDRA” - www.vss.lv, on website of the central storage of
regulated information - www.oricgs.lv and website of joint stock company
“NASDAQ OMX Riga” - www.nasdaqomxbaltic.com), or legal representatives shall
present a document certifying the authorisation. 

The shareholders who represent at least 1/20 of the company's share capital,
have rights within 7 days after the publication of the notification to require
the institution which convenes the shareholders meeting, to include additional
items in the agenda of the meeting. The shareholders, who propose to include
additional issues on the agenda of the shareholders meeting, are obliged to
submit the draft resolution on the issues that are proposed by them for
inclusion in the agenda, or explanation on the issues where no resolution is
planned to be adopted to the institution which convenes the shareholders
meeting. The shareholders have rights to submit draft resolutions on issues
included in the agenda of the shareholders' meeting within 7 days after the
notification about convocation of shareholders' meeting is released.
Shareholders have rights to submit draft resolutions on issues included in the
agenda of the shareholders' meeting during the meeting, if all the draft
resolutions that have been submitted to the shareholders' meeting are reviewed
and rejected. If a shareholder submits a written requisition to the Management
Board at least 7 days before the shareholders' meeting, the Management Board is
obliged to give him the required information on the issues included in the
agenda at least 3 days before the shareholders' meeting. Upon request of the
shareholders, the Management Board is obliged to provide information to the
shareholders' meeting about the company's economic situation to such an extent
that is necessary to objectively review and adopt a resolution on the
respective issue on the agenda. 

Shareholders can get acquainted with draft decisions as well as additional
information and give their suggestions and proposals on the Agenda starting
from starting from  May 14, 2010 till May 27, 2010 at premises of human
resources department (room no. 9) of joint stock company “VALMIERAS STIKLA
ŠĶIEDRA”, 13 Cempu iela, Valmiera, Latvia on all business days from 08.00 a.m.
till 16.00 p.m. and at Registration on the meeting day. Phone numbers for
enquiries +37164202213, +37164202211. 

Information on the shareholders' meeting and shareholders rights is also
available on website of joint stock company “VALMIERAS STIKLA ŠĶIEDRA” -
www.vss.lv, on website of the central storage of regulated information -
www.oricgs.lv and website of joint stock company “NASDAQ OMX Riga” -
www.nasdaqomxbaltic.com. 

The total amount of shares and total amount of the shares with voting rights of
joint stock company “VALMIERAS STIKLA ŠĶIEDRA” is 23 903 205. 

The Management Board of joint stock company “VALMIERAS STIKLA ŠĶIEDRA”


Additional information:
Inita Martinsone
Phone: + 371 642 02242
Mobile: +371 26734124
e-mail: initam@vss.lv