Rakvere Lihakombinaat              ANNOUNCEMENT                     30.05.2005



DECISIONS BY GENERAL MEETING OF SHAREHOLDERS



The following resolutions were passed on the General Meeting of the 

Shareholders of AS Rakvere Lihakombinaat on 27 May 2005:



1. To approve the Annual Report 2004 and allocate the profit for the financial 

year 2004 in the amount of 97,185,000 kroons as follows:



a) transfer 4,859,000 kroons to mandatory reserve in accordance with § 336 (3) 

of the Commercial Code;



b) transfer 92,326,000 kroons to retained earnings.



Votes in favour: 36,114,092 of the votes present. Votes against: none. 

Undecided: 220 of the votes present. The resolution was passed.



2. Appoint AS PricewaterhouseCoopers the auditor of AS Rakvere Lihakombinaat 

for the financial year 2005. The auditor will be remunerated on the basis of 

the respective agreement to be concluded between the parties.



Votes in favour: 36,114,312 of the votes present (i.e. 100%). Votes against: 

none. Undecided: none. The resolution was passed unanimously.





Olle Horm

chairman of management board

+372 32 29 221