Riga Stock Exchange                                                           11.03.2005



Draft resolutions of JSC “Talsu Mežrūpniecība” AGM of March 24, 2005



1.	Review and approval of 2004 annual report;

2.	Discharge of management board members from responsibility for 2004 operations.

To discharge management board members Gatis Štāks, Ruta Krūze and Aiga Goldmane from liability 

for 2004 operations.

3.	Management Board elections

Dismissed from the agenda – it is not the authority of AGM (Commercial Law);

4.	Approval of 2005 operational plan and budget

5.	Elections of a certified auditor

To elect SIA “Aktīvs Talsi” a certified auditor V.Drīksna, certificate #45

6. Supervisory Board elections

A proposal not to change the supervisory board – nobody has resigned, and the service term has 

not expired.

Shareholder Brambis-Ieviņš proposes his candidature to supervisory board member position.

7. The company claim to management board

The claim is recognized to be unjustified and revoked

8. Other business

To authorize Vasilijs Borunovs to settle the formalities with the Latvian Central Depository.