ANNOUNCEMENT OF THE COUNCIL


The Council of the joint-stock company „Ditton pievadkezu rupnica” announces    
herewith that according to provisions of the Clause 296 of the Commercial Law,  
term of powers of the current Council presented by Boriss Matvejevs, Georgijs   
Sorokins, Vitolds Vasilenoks, Jevgenijs Glinkins, Tatjana Lapunova terminates on
the May 5th, 2008 in compliance with the decision of the general meeting of     
shareholders from May 5th, 2005. Basing on this, the Council of the company
terminates its 
activity starting from May 5th, 2008. 

The issue on election of the new Council of the company shall be considered on  
the annual general meeting of the shareholders.

The Council