Annual General Meeting of Shareholders 04/27/2011: adopted decisions

| Source: Kurzemes atslega 1 Kurzemes atslega 1

Kalvenes street 27, Aizpute, LV-3456, Latvija, 2011-04-28 08:17 CEST (GLOBE NEWSWIRE) -- Joint Stock Company "KURZEMES ATSLEGA 1”

Registration No. 40003044007

27 Kalvenes str., Aizpute, Aizpute region, LV-3456

Phone 63448075

On closing of the annual general shareholder’s meeting

Meeting time: April 27, 2011

Meeting location: 27 Kalvenes str., Aizpute, Aizpute region, LV-3456

Adopted decisions:

  1. The audited statement of the JSC is accepted by the status on December 31, 2010 with 460354 votes for and 0 votes against.
  2. Decided to cover the losses of 2010 in amount of Ls 20904 from retained profit of the previous years with 460354 votes for and 0 votes against.
  3. Certified auditor Aivars Rutkis (license No.18) has elected as an auditor of the JSC Annual report of the 2011 with 460354 votes for and 0 votes against.
  4. The auditor’s remuneration in amount of 1000 Ls for Annual report of the 2011 has determined with 460354 votes for and 0 votes against.
  5. Amendments in the company’s Statutes has accepted:
    1. The article No.2.2 of the Statutes has stated in following edition:

                   “2.2. All the shares of the Company give the equal rights to receive dividends, liquidation quota and the rights to vote at the shareholder’s meeting.

               2. The article No.2.3 of the Statutes has stated in following edition:

                   “2.3 656356 (six hundred fifty six thousand and three hundred fifty six) shares are holder’s shares, but 261788 (two hundred sixty one thousand and seven hundred eighty eight) shares are registered shares.”

The above mentioned modifications in company’s statutes are conformed with 460354 votes for and 0 votes against.

The Board

         Irena Burve
         Chief accountant
         Tel.: +371 63448075