JSC  "Rīgas  Transporta Flote" AGM of shareholders will be held on June

9,  2004,  at  10:00, at the address 55 Elizabetes Street, Riga., Reval

Hotel Latvija, Sigma Conference hall. Agenda:

 1. Review and approval of Annual Report for 2003.

 2. Discharge  of  Management  Board  members  from  liability for 2003

    operations.

 3. Distribution of 2003 profit.

 4. Review and approval of 2004 budget and operational plan.

 5. Registration   of   "Rīgas  Transporta  Flote"  at  the  Commercial

    Register.

 6. Amendments to the Company Charter.

 7. Supervisory Board elections.

 8. Elections of a certified auditor.

 9. Mandates.



Registration  will  be  open  on  June  9  from  9:00  till 10:00 at 55

Elizabetes  Street,  Riga., Reval Hotel Latvija. Draft resolutions will

be  made  available to shareholders for inspection at 52 Baltāsbaznīcas

Street,  Riga,  at  the  company secretary's office, between May 25 and

June 8, 2004, on business days from 13:00 till 16:00.



Upon  registration,  shareholders  or  their  proxies have to present a

personal  ID and a duly certified proxy. Shareholders may, within seven

days  after  the publication of the meeting notice, submit proposals on

agenda  in  writing  addressed  to  the  company  Management  Board, 52

Baltāsbaznīcas  Street, Riga. May 28, 2004 is the deadline for blocking

shares on the accounts.