Notification of takeover bid


By the decision of the Financial and Capital Market Commission of 4 January
2008, it has been permitted to extend the following mandatory and final
takeover bid: 

Target company: AS "RIGAS RAUGS", uniform registration number 40003040518,
registered address Pulkveza Brieza iela 27, Riga, LV-1045, Latvia, telephone
7336066, fax 7338038, email rigas.raugs@raugs.lv, website www.raugs.lv. 

Offeror: JÄSTBOLAGET AB, company incorporated and registered under the laws of
Sweden, registered with the Swedish Trade Register on 15 October 1934 with
registration number 556033-4830, registered address Box 7003, 192 07
Sollentuna, Sweden. 

Price per share: LVL 6,40 (six lats and forty santims). Pursuant to the
requirements of Article 74(1) of the Financial Instruments Market Law, the
share purchase price offered under the takeover bid is equal with the price at
which JÄSTBOLAGET AB has acquired the shares of AS "RIGAS RAUGS" during the
last 12 months. 

Time for acceptance of bid: The bid will be effective for 30 (thirty) days from
the date on which information on the takeover bid is published in the newspaper
"Latvijas Vestnesis" (i.e., from 8 January 2008). 

The takeover bid prospectus is available: 

▪ on the website of Riga Stock Exchange www.rfb.lv; 

▪ at the office of Joint Stock Company "RIGAS RAUGS" at Pulkveza Brieza iela
27, Riga, during the business hours of the administration of Joint Stock
Company "RIGAS RAUGS".