OREANDA-NEWS. November 8, 2011. The Management Board of joint stock company “Latvijas kugnieciba” (unified reg. No.40003021108, legal address: 1 Elizabetes Street, Riga, Latvia, LV-1807) based on the request of the shareholder joint stock company “Ventspils nafta” convenes and announces that the extraordinary shareholders’ meeting of joint stock company “Latvijas kugnieciba” will take place on December 7, 2011 at the “Hotel Neiburgs”, 25/27 Jauniela, Riga at 16.00.

The agenda:

Dismissal of members of the Supervisory Council.

Election of the Supervisory Council.

Shareholders’ registration will be open from 15.00 until 16.00 on the day of the meeting – December 7, 2011 – at the venue of the meeting.

The record date for participation in the extraordinary shareholders’ meeting of joint stock company “Latvijas kugnieciba” is November 29, 2011. Only the persons who are shareholders on the record date with the amount of the shares they own on the record date have rights to participate in the extraordinary shareholders’ meeting of joint stock company “Latvijas kugnieciba” to be held on December 7, 2011.

Shareholders have rights to participate in the meeting in person or by mediation of their legal representatives or authorized persons:

upon registration, shareholders shall present a passport or other personal identification document.

upon registration, representatives and authorized persons of shareholders shall present a passport or other personal identification document, and shall submit written power of attorney of the represented shareholder (form of a written power of attorney is also available on website of joint stock company “Latvijas kugnieciba” - www.lk.lv), or legal representatives shall present a document certifying the authorisation.

Shareholders of joint stock company “Latvijas kugnieciba” shall inform the Management Board of joint stock company “Latvijas kugnieciba” about the representatives and authorized persons of shareholders who will participate in the meeting, by submitting copies of the power of attorneys or the documents certifying the authorization at least 5 (five) days before the day of the shareholders’ meeting. Shareholders shall submit the aforementioned information and copies of the documents to the office of joint stock company “Latvijas kugnieciba”, at 1 Elizabetes Street, Riga, by notifying on the previous day by phone number +371 67020100.

Rights of shareholders under the procedure and scope established in Section 274 Paragraph 2 and Section 264 Paragraph 3 of the Commercial Law, Section 542 Paragraphs 1 and 2 of the Financial Instruments Market Law may be exercised within seven days after the distribution of this notification and on the day of shareholders’ meeting, whereas rights under the procedure and scope established in Section 276 Paragraph 4 and Section 283 Paragraph 1 may be exercised at least seven days before the shareholders’ meeting and on the day of the shareholders’ meeting. Detailed information on the abovementioned shareholders’ rights is available on website of joint stock company “Latvijas kugnieciba” –  www.lk.lv.

Shareholders of joint stock company “Latvijas kugnieciba” can familiarize with draft resolutions of the issues to be addressed at the meeting from November 23, 2011 until December 6, 2011 at the office of joint stock company “Latvijas kugnieciba”, at 1 Elizabetes Street, Riga, Latvia on business days from 10.00 until 16.00, by notifying on the previous day by phone number +371 67020100, and on the day of the shareholders’ meeting – at the place of registration, as well as they will be available on website of joint stock company “Latvijas kugnieciba” – www.lk.lv. Shareholders of joint stock company “Latvijas kugnieciba” need to inform joint stock company “Latvijas kugnieciba” on necessity to receive a separate copy of the draft resolutions in paper form upon registration at least 5 (five) days before the date of the shareholders’ meeting by phone + 371 67020100.