JSC "SAF Tehnika" informs that it extends the term in which shareholders of JSC "SAF Tehnika" can notify respective holders of securities' accounts about the blockage of their shares to the end of working day of 12th November 2008.

For additional information:
Aira Loite
SAF Tehnika AS
CFO
Phone: +371 67046840
Mob.phone: +371 29425459
Fax: +371 67046809
e-mail: Aira.Loite@saftehnika.com

Board of directors of Joint Stock Company „SAF Tehnika" (Reg.No.40003474109, registered address at: 24a, Ganibu dambis, Riga, LV-1005. Latvia) announces that the annual shareholder meeting shall take place on 19th November 2008 at 11:00 a.m. at JSC "SAF Tehnika" administration conference room (24a, Ganibu dambis, Riga, Latvia).

Agenda:
1. Approval of report of the Board of Directors and the Supervisory Council;
2. Approval of the annual report and release of the Board of Directors from
responsibility for financial year 2007/2008;
3. Amendments to the Articles of Association;
4. Election of the members of Revision Committee and determination of the
amount of remuneration;
5. Covering of losses by undivided profit from previous periods;
6. Retaining the part of undivided profit from previous periods as retained earnings;
7. Appointment of the auditor and determination of the amount of remuneration.

Registration of shareholders for the meeting shall take place on the day of the meeting - the 19th November 2008 - from 10.30 a.m. until 11.00 a.m. at the place of the meeting.

Shareholders can participate personally or delegate a representative.

Shareholders who have blocked their shares have to present passport or other verifying document to register.

Representatives of shareholders have to show legally binding power of attorney of the shareholder and passport or other verifying document to register.The template of the power of attorney is available in the webpage of JSC “SAF Tehnika”.

Every shareholder, who wants to participate in the meeting, has to block his shares by the 10th of November 2008.

Draft resolutions of the meeting and other documents are available in the attachments hereto.

annexstockexchange.doc 

For additional information:
Aira Loite
SAF Tehnika AS
CFO
Phone: +371 67046840
Mob.phone: +371 29425459
Fax: +371 67046809
e-mail: Aira.Loite@saftehnika.com