Akciju sabiedriba "VEF" — Regulatory Filings 2011

Mar 16, 2011

Form of power of attorney

according to the Clause 54 Part two Point one of Financial instruments market law

___________________________

Place and date of issuance

Power of attorney

_____________________________________________________________________________

Natural person (name, surname, personal identification number or date of birth, place of residence) or legal person (company name, registration number, legal address, representative, grounds of representation) as principal

authorizes

_____________________________________________________________________________

Natural person (name, surname, personal identification number or date of birth, place of residence) or legal person (company name, registration number, legal address) as proxy

______to represent interests of principal at________

(the exact scope of the competence can be shown if needed)

_____________________________________________________________________________

Date of shareholders meeting and type – annual or extraordinary general meeting

Of joint stock company „VEF” (registration number: 40003001328, legal address: 214 Brivibas gatve, Riga, Latvia, LV-1039)

with ______________________________________________ shares belonging to the principal.

(all or showing exact amount of shares)

The power of attorney is issued ______________ subdelegation rights.

(with or without)

The power of attorney shall continue effective _____________________.

(date)

______________________

Principal – natural person – signature, name, surname

Principal – legal person – position of representative, signature, name, surname, stamp.