On submitting the financial statement of JSC Ventspils nafta for the 3 months of 2010

| Source: Ventspils nafta Ventspils nafta 

Joint stock company Ventspils nafta is planning to submit financial statement
for the 3 months of 2010 to JSC NASDAQ OMX Riga on 31 May, 2010. 

JSC Ventspils nafta is the central holding company in a transit-oriented Group
whose task is to manage the investments in subsidiaries by promoting the
Group's joint values and growth in the value of each subsidiary individually. 

JSC Ventspils nafta Group is working in the following areas: transshipment of
crude oil and petroleum products; transport of crude oil and petroleum products
by pipelines; a shipping business.