Riga Stock Exchange                                                                   17.01.2005



Results of JSC “OT Grupa” EGM



JSC “OT Grupa” extraordinary general meeting of shareholders of January 14, 2005 resolved on the 

following:

1.	To approve the actions by Management Board in December; to approve any forthcoming disposals 

of property items not required directly for manufacturing, with the purpose to increase the working 

capital and to decrease maintenance costs.

2.	To elect to Supervisory Board: 1. Guntis Strazds; 2. Aleksandrs Brumermanis; 3. Aleksandrs 

Vītoliņš; 4. Uno Soops; 5. Sergejs Lukašins.

3.	Each Supervisory Board member shall be compensated LVL 100 per month plus 0.2% of the profit 

after approval of the annual report.

4.	To amend Item 3.2 of the Charter, stating that Chairman of Management Board may represent the 

company alone, while any other two board members may do it jointly. 

5.	To issue a mandate to Management Board member Einars Vaivods to settle the officialities with the 

Company Register related to the registration of the EGM resolutions, with the right to delegate the 

assignment to third party.

6.	To authorize the Management Board to raise financing via loans or leasing.