DRAFTS


JOINT STOCK COMPANY „GROBIŅA”  

Reg. No
40003017297

Extraordinary Shareholders' Meeting Held on 04.03.2010.



1.	Election of a new JSC “Grobiņa” Council

DECISION No. 1

As
proposals regarding the candidates for the JSC “Grobiņa” Council have not
been
received until now, the JSC “Grobiņa” Council members will be nominated
and
approved during the extraordinary shareholders' meeting. 

2. Approval of a
new auditor

DECISION No. 2

As proposals regarding the new auditor of the
JSC “Grobiņa” have not been
received until now, the auditor candidate for the
JSC “Grobiņa” will be
nominated and approved during the extraordinary
shareholders' meeting. 


3. Amendments to the Statute of the JSC
“Grobiņa”

DECISION No. 3

DECIDED:
1.	To amend the JSC „Grobiņa” Statute,
Articles 1, 2, 3, 4, 5 using the
following new wording, as well as to
supplement the JSC „Grobiņa” Statute with
Article 6 in the following new
wording: 

“1. Firm

1.1.	The Company's firm is the JSC
„Grobiņa”.
1.2.	The Company was established as a result of privatization of
the state farm
“Grobiņa” in compliance with the Cabinet Instruction No. 264
„On Handing Over
Of State Property Objects To Privatization” of 5 July 1996
and in compliance
with the privatization rules of the state farm “Grobiņa”
approved by the
Resolution No.191/2300 passed by the Board of the state owned
joint stock
company „Privatization Agency” on 12 December 1996, by
transforming the state
company into a statute  company and concurrently
selling this company's shares. 

2. Types of business activities

2.1.The
Company performs the following business activities:
01.49. Breeding of other
animals.

3. Shareholders' equity 

3.1. The Company shareholders' equity
is 500 000 LVL. 
3.2. The Company shareholders' equity is divided into 500 000
common registered
shares. 
3.3. The nominal value of one share is 1
LVL.

4.	Shareholders' meeting

	4.1. The shareholders' meeting shall have
the right to pass decisions provided
at least one half of the shareholders'
equity is represented at the
shareholders' meeting. 

5.	The
Council

	5.1. The Company has the Council comprising of five members.

6.
The Board
	6.1. The Company Board consists of three Board members. 
	6.2.
Each Board member has the right to represent the Company solely.
	6.3. The
Board can decide on the following issues only upon receipt of the
Council's
consent: 
	6.3.1. acquisition, increase or reduction of interest in other
companies;
	6.3.2. acquisition or alienation of the company.
	6.3.3.
acquisition, alienation of real property or encumbering of real
property with
rights in things provided the transaction amount exceeds 50 000
LVL; 
	6.3.4.
establishment or liquidation of affiliates and representations;
	6.3.5.
granting such loans that are not related to the Company's everyday
business
activities;. 
	6.3.6. giving credits to the Company's employees;
	6.3.7.
starting new business activities and termination of the existing
business
activities; 
	6.3.8. establishment of general operation principles.” 


2.
To approve the new version of the JSC „Grobiņa” Statute.
4. Report of the
joint-stock company's Council on the activities performed and
the measures
taken to minimize and eliminate the JSC “Grobiņa” operations with
loss.


DECISION No. 4

DECIDED:

1.  To take notice of the report of the joint
stock company's Council on the
activities performed and the measures taken to
minimize and eliminate the JSC
“Grobiņa” operations with loss. 


5. Report
of the joint-stock company's Board on the activities performed   and
the
measures taken to minimize and to eliminate the JSC “Grobiņa” operations
with
loss. Detailed discussions and approval of JSC “Grobiņa” budget for the
year
2010. 


DECISION No. 5

DECIDED:

1.	To take notice of  the report of
the joint stock company's Council on the
activities performed and the measures
taken to minimize and eliminate the JSC
“Grobiņa” operations with loss.

2.	To approve the JSC “Grobiņa” budget for the year 2010.



6. Report of
the JSC “Grobiņa” Auditing Commission on the performance of
functions
stipulated by the law and the Statute. 


DECISION No. 6


DECIDED:

1.
To take notice of the information on the work performed by the
Auditing
Commission of the JSC “Grobiņa”.