Riga Stock Exchange                                                       18.04.2005



Resolutions of JSC “VEF” AGM of April 15, 2005



1.	To be advised on Management board, Supervisory Board and certified auditor’s 

report.

2.	To approve 2004 annual report. To discharge Management Board members Guntis 

Lipiņš, Tamāra Kampāne and Gints Feņuks from liability for  operations between January 

1 and April 6, 2004.

3.	To approve the net profit of LVL 64,740. To use the profit to offset the losses 

of the previous years. 

4.	To elect Olga Millere (license No.40) a certified auditor for 2005 accounts. To 

set the fee LVL 826, tax included.