A regular shareholders' meeting of JSC Ventspils nafta will take place on April 30, 2008 at 10:00 AM at Ostas Street 23, Ventspils, Ventspils Business Centre. Issues on the agenda of the JSC Ventspils nafta shareholders' meeting include approval of annual reports for 2007, application of the profit of 2007 and election of an auditor for auditing of reports for 2008. Registration of shareholders is planned on the day of the meeting - April 30, 2008 - from 9:00 AM until 9:45 AM at the venue of the shareholders' meeting. The shareholders can participate in the meeting in person or by mediation of their legal representatives or authorized persons: • when registering, shareholders whose shares are registered at financial instruments account (stock account) at a credit institution or investment broker corporation, shall present their passport or other personal identification document and a receipt issued by the holder of the finance instrument account (stock account) certifying blockage of the shares; • when registering, shareholders whose shares are registered in the Primary Register, shall present a passport or other personal identification document • when registering, representatives and authorized persons of shareholders shall present a personal identification document and submit a written authorization of the represented shareholder (authorization form is available at the website of JSC “Ventspils nafta” www.vnafta.lv); legal representatives shall present a document certifying the authorization, but in case when the shares of the represented shareholder are registered at financial instruments account (stock account) at a credit institution or investment broker corporation - also a receipt issued by the holder of the finance instrument account (stock account) certifying blockage of the shares shall be presented. The JSC “Ventspils nafta” shareholders can register blockage of shares to their holder of the finance instrument account (stock account) no later than until the end of the working day of April 17, 2008 The JSC “Ventspils nafta” shareholders can familiarize with the draft resolutions on the issues to be discussed during the shareholders' meeting from April 16, 2008 until April 29, 2008 on working days from 14:00 PM until 17:00 PM at the joint stock company “Ventspils nafta”, Ostas Street 23, Ventspils, but on the day of the shareholders' meeting - at the place of registration, Ostas Street 23, Ventspils. The Management Board of JSC “Ventspils nafta” informs that the total number of JSC “Ventspils nafta” shares having the right to vote is 104,479,519. JSC Ventspils nafta For further information, please contact Gundega Vārpa (PR and Advertising Manager), tel. 7715912, e-mail: gundega.varpa@vnafta.lv