OREANDA-NEWS. On 05 May 2009 was announced, that to secure and increase the understanding of investors, cooperation partners, clients and society about the company, its activities and governance, JSC “"Grindeks"” publishes the Corporate Governance Report.

JSC “"Grindeks"” Corporate Governance Report of the year 2008 (hereinafter - the Report) is made according to the stock exchange “NASDAQ OMX Riga” “Corporate governance principles and recommendation on their implementation”, issued in 2005. The Report is made by the Board of JSC “"Grindeks"” (hereinafter – “"Grindeks"”) and revised by the “"Grindeks"”  Council. Corporate governance principles were adjusted to “"Grindeks"” as much as possible and “"Grindeks"” complied with the biggest part of them, carrying out its operational activities, in 2008. The Report informs also according to the principle “observe or explain” on those principles, which “"Grindeks"” observed partially or did not observe in 2008, and on the circumstances that justified it.The Report is submitted to “NASDAQ OMX Riga” together with “"Grindeks"” audited consolidated financial statement of 2008 in Latvian, Russian and English.Contacts:

Laila Klavina

Head of the Communications Department

JSC “"Grindeks"”

Phones: +371 67083370, +371 29256012

e-mail: laila.klavina@grindeks.lv