Comment of JSC “Olainfarm” regarding the information provided during the Investors’ Day regarding the means of fundraising

17/09/2007

Representatives of management of JSC „Olainfarm“ during the Investors’ Day held at Olainfarm on September 14, 2007 informed about the development plansand possible mechanisms to raise the necessary financing.


 

Assessing different possible mechanisms of raising the funding, repeated share issue is also being looked at.  However, the decision to proceed with it is in no way taken yet and will be considered by the company’s Board and the Council as one of several solutions.  It will be done according to all the legal procedures and such decision, should it be made, will also include the details about the size, terms and other significant aspects of such transaction.

 

Investors day presentation

 

Additional information:

Salvis Lapinsh

Deputy CFO, JSC „Olainfarm“

cellular. +37126448873

e-mail: slapinsh@olainfarm.lv