2002.12.19, Valmieras stikla šķiedra, RIG

JSC"Valmieras  stikla  šķiedra"  informs,  that on December 19, 2002 an

annoncement  from  shareholders  Glasseiden  GmbH Oschatz and Ltd"P-D-P

Fiberglas  Consulting" was received, which informs that Glasseiden GmbH

Oschatz  have  sold  24.21%  of JSC"Valmieras stikla šķiedra" shares to

Ltd"P-D-P  Fiberglas  Consulting".  After  this  deal  Glasseiden  GmbH

Oschatz  still  owns  5,042,019 or 21.09% JSC"Valmieras stikla šķiedra"

shares,  but  Ltd"P-D-P  Fiberglas  Consulting"  now  owns 6,882,233 or

28.79% JSC"Valmieras stikla šķiedra" shares.