1) Reports of Board, Supervisory Council, Audit Committee and statement of Sworn auditor.

To take notice of the reports of the Board, the Supervisory Council, the Audit Committee and the statement of the sworn auditor of joint stock company Grindeks.

2) Approval of Annual report for the year 2009.

To approve the following Annual Reports for the year 2009 prepared by the Board of joint stock company Grindeks and revised by the Supervisory Council of joint stock company Grindeks:

1) Annual Report for the year 2009 of joint stock company Grindeks prepared in accordance with the legislative acts of the Republic of Latvia;

2) Consolidated annual Report for the year 2009 of joint stock company Grindeks prepared in accordance with International Financial Reporting Standards (IFRS);

3) Distribution of profit for the year 2009.

1) To approve the net profit of joint stock company Grindeks for the year 2009 in amount of 3513315 LVL.

2) To leave undistributed the profit for the year 2009 and use it for the development joint stock company Grindeks to increase the competitiveness of joint stock company Grindeks.

3) Election of auditor and determination of the remuneration for the auditor.

1) To elect Joint Stock Company “BDO” (certificate number 112) as auditor of the Annual Reports of joint stock company Grindeks” for the year 2010.

2) To determine the remuneration for the auditor for audit of the Annual Reports of joint stock company Grindeks for the year 2010 in the amount of 23 000 LVL, not including taxes provided by the legislative acts.

3) To assign the Board of joint stock company Grindeks to sign the contract with the elected auditor for audit of the Annual Reports of joint stock company Grindeks for the year 2010.

Riga, May 11, 2010

On behalf of the Board of joint stock company Grindeks,

Chairman of the Board
J.Romanovskis

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