On 20 January 2010 in the annual “Baltic Market Awards” ceremony of the Stock Exchange “Nasdaq OMX Riga” Grindeks was awarded for the Best Investor Relations Online in the Baltic countries and became also the best company in terms of the Best Investor Relations in “Nasdaq OMX Riga” in 2010.

The members of the Evaluation Committee “Baltic Market Awards” represent academics, investors, finance analysts, media representatives and representatives of the Baltic stock exchanges. The Evaluation Committee is chaired by Geoffrey Mazullo, corporate Governance expert and principal of Emerging Markets ESG. The company analysis was conducted by students from the Stockholm School of Economics in Riga, under the supervision of the evaluation committee and the Nasdaq OMX Baltic stock exchanges.

About Grindeks

Grindeks is the leading pharmaceutical company in the Baltic States. Its main fields of action are: research, development, manufacturing and sale of original products, generics and active pharmaceutical ingredients. Product portfolio of Grindeks consists of original products, generics and active pharmaceutical ingredients. Grindeks specializes in the heart and cardiovascular, CNS and anti-cancer medication therapeutic groups.

Group of Grindeks consists of four subsidiary companies in Latvia, Estonia and Russia, as well representative offices in ten countries. Products of the company are exported to more than 40 countries and its export comprises more than 96% of the total turnover. The main markets are: Russia and other CIS countries, the Baltic States, Germany and the Netherlands. JSC Grindeks shares are listed in the Official List of “Nasdaq OMX Riga”.

Further information:

Laila Kļaviņa
Head of the Communications Department, JSC Grindeks
Phones: (+371) 67083370, (+371) 29256012
Fax: (+371) 67083505
laila.klavina@grindeks.lv