Olainfarm
Company Announcement

Announcement about draft decisions of the extraordinary shareholders meeting

Name of the securities: JSC „Olainfarm” publicly traded shares

ISIN code: LV000100501

Paid in capital: 14 085 078 LVL

Date of the extraordinary shareholders meeting:November 11th, 2011, at 11:00a.m.

Place of the meeting: Rupnicu iela 5, Olaine, Latvia.

Draft decisions of the Extraordinatry shareholders meeting of JSC „Olainfarm” to be held on November 11th, 2011:

 1.         Elections of the Supervisory Council

Draft decision:

1.1. Elect the Supervisory Council of JSC “Olainfarm” consisting of the following members for the five year term, setting that this terms commences at November 11^th, 2011:

Name, surname, personal details:

1. Elena Dudko, Date of birth ___________________,

2. Aleksandrs Raicis, personal code ­______________ ____________,

3. Signe Baldere-Sildedze,  Date of birth ___________________,

4. Volodymyr Kryvozubov, Date of birth ___________________,

5. Valentina Andrejeva, personal code ­______________ ____________.

1.2. To set the total monthly remuneration of all the Supervisory Council in the amount not exceeding Ls 6000,00.

Olaine, October 27th, 2011.

         Information prepared by:
         Salvis Lapins
         Olainfarm
         Member of the Management Board
         Rupnicu iela 5, Olaine
         Latvia, LV 2114
         Phone: +371 6 7013 717
         Fax: +371 6 7013 777
         e-mail: Salvis.Lapins@olainfarm.lv