Riga Stock Exchange                                                02.05.2005



Resolutions of JSC “Grobiņa” AGM of shareholders



JSC “Grobiņa” AGM of shareholders took place on April 29, 2005. The attending 

shareholders represented 63% of share capital.



1.Management Board report on 2004 results.

To be advised.

2. Approval of Annual Report of 2004.

To approve Annual Report of 2004 (net sales LVL 1,485,896; profit LVL 242,583).

3. Distribution of profit.

To transfer profit LVL 242,583 to production development.

4. Discharge of Management Board members from liability for 2004 operations. 

To discharge Supevisory Board members Andris Upenieks, Agris Nagliņš, Jānis Briedis, Jānis 

Siliņš and Ojārs Petrevics, and Management Board members Laimonis Laugalis, Anatolijs 

Gorbunovs and Gunta Isajeva from liability for 2004 operations.

5. Approval of 2005 budget.

To approve the 2005 budget ((LVL 1,709,600 on the revenue side and LVL 1,692,505 on the 

expenditure side).

 6. Approval of certified auditor.

To elect Aija Kurta a certified auditor for 2005 accounts.



Unofficial translation by RSE