Notification on obtaining significant holding


On 12 April 2010 JSC “Grindeks” has received the notification on obtaining
significant holding from OJSC “Pharmstandart”. “Pharmstandart's” total holdings
in the security of JSC “Grindeks” currently amount to 11.3% of the outstanding
shares.

“Grindeks” Chairman of the Board Janis Romanovskis: “OJSC “Pharmstandart” is
the leading Russian pharmaceutical company and since 2008 is one of the most
important cooperation partners of “Grindeks” that promotes and sells our brand
product Mildrontate®. OJSC “Pharmstandart” as one of the biggest shareholders
of “Grindeks” will strengthen our positions in Russia and provide new business
opportunities.” 

In the attachment: Notification from “Pharmstandart” on 4 (four) pages. 


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

Attachments

farmstandart_notification.pdf
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