Adjudgment of the Management board of JSC „Rīgas Miesnieks”


Adjudgment of the Management board of JSC „Rīgas Miesnieks” about the final
share buyout offer of JSC “Rīgas Miesnieks”. 


On 27 February 2009 the Financial and Capital Market Commission has made a
decision to allow the shareholder of JSC “Rīgas Miesnieks” JSC “Rakvere
Lihakombinaat” to enounce the final share buyout offer of JSC “Rīgas Miesnieks”
and authorized the buyout price for one share - 17,57 LVL. 

The Management board of JSC “Rīgas Miesnieks” has appraised the final share
buyout offer of JSC “Rīgas Miesnieks”, what is enounced by JSC “Rakvere
Lihakombinaat”  and the Management board has concluded that the buyout offer
comply with legislative acts. The Management board deems, that concentration of
shares in one shareholder hands will improve effectiveness of commercial
activities and the following development of JSC “Rīgas Miesnieks”, including
the conduce of investment's supply. 

The Management board deems, that the enounced final share buyout offer of JSC
“Rīgas Miesnieks” and its realization will impact JSC “Rīgas Miesnieks” and the
politics of the employment in positive way, because the strategic plans
regarding to JSC “Rīgas Miesnieks” of JSC “Rakvere Lihakombinaat” is similar as
the opinion of Management board of JSC “Rīgas Miesnieks”. 

There is no information in hands of the Management board of JSC “Rīgas
Miesnieks” about the changes of employments politic by JSC “Rakvere
Lihakombinaat”. 


On behalf of the Management board of JSC “Rīgas Miesnieks”
The chairman of the Management board Aldis Škutāns