Attached please find the Annual Report of JSC Valmieras stikla šķiedra for the year ended Dec 31, 2007, which was audited by audit company Deloitte Audits Latvia SIA. We offer our financial reports both in Latvian lats (LVL) and euro (EUR). The audited Annual Report was presented and signed at the meeting of the JSC Valmieras stikla šķiedra supervisory council on March 31; the AGM at the end of May shall resolve on its final approval. JSC Valmieras stikla šķiedra Lauma Tjuniņa Controller Phone +371 64202222 Mobile +371 26441429 Fax +371 64281216 lauma@vss.lv