Riga Stock Exchange                                                                 22.11.2004



VEF Radiotehnika RR planning to modernize its production



VEF Radiotehnika RR is planning to modernize its production facility by purchasing wood 

processing machinery (LVL 243 thousand or EUR 346.5 thousand worth), a membrane press, equipment 

for automatic assembly of electronic blocks. The soldering equipment will cost EUR 552 thousand 

LVL 386 thousand). Milling and drilling equipment will cost EUR 110 thousand (LVL 77 thousand), 

and equipment for manufacturing circuit boards EUR 1.57 million (LVL 1.1 million) worth. The 

deliveries are expected to arrive by April 5, 2005.