Approved at the meeting of the Board of joint stock company “Grindeks” on May 6, 2010 and revised at the meeting of the Supervisory Council of joint stock company “Grindeks” on May 6, 2010 DRAFT RESOLUTIONS of Annual General Meeting of Shareholders of joint stock company “Grindeks” to be held on May 25, 2010 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 3 513 315 LVL. 2) To leave undistributed the profit for the year 2009 and use it for the development of joint stock company “Grindeks” to increase the competitiveness of joint stock company “Grindeks”. 4. 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