SAF Tehnika

AGM Information • Jun 9, 2010

For the attention of shareholders of "SAF TEHNIKA" JSC

The Board of Directors of "SAF Tehnika" JSC (Reg.No.40003474109, legal address: 24a, Ganibu dambis, Riga, LV-1005, Latvia) informs that it convenes an extraordinary shareholders' meeting on 12th July 2010 at 10.00 a.m., at "SAF Tehnika" JSC administration conference room (24a, Ganibu dambis, Riga, Latvia).

Agenda:

• Election of the Members of the Supervisory Board.

Registration of participants will take place at the venue on the day of the meeting – on 12th July 2010 from 9.30 a.m. until 10.00 a.m.

Shareholders can participate personally or delegate a representative.

Total number of shares with a right to vote amounts to 2 970 180 (two million nine hundred seventy thousand one hundred eighty).

Shareholders at the registration have to present passport or other verifying document.

Representatives of shareholders at the registration have to show a power of attorney witnessed by a notary or a power of attorney legally equal to that and passport or other verifying document. The template of the power of attorney is available in the webpage of "SAF Tehnika" JSC www.saftehnika.com.

The date of record is 2nd July 2010 – only persons and entities which are shareholders on the date of record will be entitled to participate in the shareholders' meeting.

Draft resolution on the agenda item to be discussed on the shareholders meeting will be published on 28th June 2010. Draft resolution will be available also on the webpage of "SAF Tehnika" JSC www.saftehnika.com, as well as at the venue every working day from 9.00 a.m. to 5.00 p.m.

Shareholders and their representatives can submit proposals regarding the agenda item to be discussed on the shareholders meeting until 5 p.m. on 21st June 2010 at the venue every working day from 9.00 a.m. to 5.00 p.m.

Shareholders and their representatives are pleased to submit information (name, photo and short professional biography) on the potential candidates for the office of Member of the Supervisory Board until 21st June 2010 at the venue every working day from 9.00 a.m. to 5.00 p.m. or using the contacts below.

Shareholders and their representatives can submit queries at the venue every working day from 9.00 a.m. to 5.00 p.m. or using the contacts below.

Aira Loite CFO +371 67 046 833 Aira.Loite@saftehnika.com