Algol companies in Latvia move into new facilities

Algol Chemicals SIA and Algol Pharma SIA are moving into new facilities in Riga
Region, Latvia, at the turn of the year. The new facilities are situated at a
brand new office and warehouse property approximately 13 kilometres from the
centre of Riga. The property developer and owner is Beweship Latvia SIA.

According to Alvils Brants, Managing Director of Algol Chemicals SIA, the new
location will further improve the company´s logistics services. The new address
of Algol´s Latvian companies is close to the capital city´s ring road and just
seven kilometres from the international airport. The road infrastructure is
also ideally suited to heavy transport.

Algol Chemicals and Algol Pharma have leased adjacent office facilities in the
building. The local warehouse of Algol Chemicals utilises the storage
facilities of the new property, which has 10,000-square-metres of covered
storage area.

The new contact information as of 1 January 2008 is as follows:

Algol Chemicals SIA
Asarisi 3, Marupe district
LV-2167 Riga Region
Phone +371 6761 5321
Fax +371 6761 0914
info.chemicals.lv(at)algol.lv

Algol Pharma SIA
Asarisi 3, Marupe district
LV-2167 Riga Region
Phone +371 6761 9365
Fax +371 6761 9366
info.pharma.lv(at)algol.lv

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