1. Target company

Public  joint  stock  company  "Rota",  registered  on June 14, 1995 at

Enterprise   Register  of  the  Republic  of  Latvia,  registration  No

000325608,  tax  payer's registration certificate No 40003256084, legal

address Dzirnavu 57, Rīgā, LV-1050, phone 7 812 700, fax 7 812 750.

2.Offerer

Rafails  Deifts,  ID  no 111062-10414, passport No LC 0698557 issued on

April 15,  1996, at  PID Riga city Pļavnieku department

3.Type of offer

Mandatory  buy-back  offer  is  announced pursuant to the provisions of

Article  65  of  the  law  "On  Securities" and Item 1.3.1. of the FCMC

resolution #17/5 of November 2, 2001 "Regulations on buyout of shares".

4.Securities code

LV 0000100170

5. Buyout price

The  target  company  shares are offered to buy out at the price of LVL

1,53 per share.

6. Payment and settlement procedure and terms

All  the sell orders will be accepted by 14:00 of the date Payment will

be  transferred  within  three  business  days after the offer validity

deadline specified in Item 7 of this offer. Share buy-back is organised

on  the  basis  of  Delivery  Versus Payment principle according to the

Latvian Central Depository regulations and instructions.

7. Validity of the offer

The  offer  is valid for thirty calendar days starting with publication

of the offer in the official newspaper "Latvijas Vēstnesis".

8. Accepting procedure for the target company shareholders

The  shareholders  willing to respond to the buyout offer shall deliver

their  sell  orders  to  a bank or a brokerage company. The bank or the

brokerage  company  must  send  the  order  to  "LatEko  banka",  Rīga,

Birznieka-  Upīša  street  21, to Ms. Tamāra Klebanovska, phone 7041121

(from 9.00 to 17.00). The offer document is available for inspection at

Elizabetes street 51, Riga, 4 floor, working days 10.00 - 17.00.



9.  The intentions of the offerer with regard to takeover of the target

company, its business in future, management and employees

By  obtaining  control  interest  in the target company, Rafails Deifts

intends  to  continue  work  of  the target company with the purpose to

enhance the growth of profitability, as well as to invest in renovation

of the premises the company owns.  The company will continue to provide

management  services  to  related companies. To manage the company more

effectively,  restructuring  of  the  company  is  planned. Significant

attention  will be devoted to development of the retail chain "Drogas",

thus  providing  more  working  places  in  Latvia,  as well as abroad.

Rafails Deifts does not intend any organisational changes regarding the

target company's management and employees.

10. Piedāvātāja piederošo akciju skaits

Rafails  Deifts  owns  871 994 shares of the public joint stock company

"Rota":

September,  1995          9998  management board shares with non-voting

rights,

February 2002            175 000 shares with voting rights,

June 26, 2003            675 685 shares with voting rights,

June 7, 2000            11 311 shares with voting rights.

In  total  Rafails  Deifts  owns  861  996 public joint stock company's

"Rota" shares with voting rights, which comprise 84,17% of total shares

with  voting  rights.  The  total amount of all "Rota" shares, which is

owned by Rafails Deifts is 871 994, which comprises 84,33%.

11 Securities account

LatEko banka Nr. 1100091.

R. Deifts_______________