JSC  "Liepājas autobusu parks" AGM of shareholders will be held on June

4,  2004,  at  16:00,  at  the  address  39  Brīvības  Street, Liepāja,

Conference  Hall on the ground floor. Registration will be open on June

4, 2004 from 15:00 till 16:00. Agenda:



1.        Supervisory   Board  and  Management  Board  report  on  2002

operations.



2.      Certified auditor's report and opinion on 2002 Annual Report.



3.      Approval of financial results and Annual Report for 2002.



4.      Distribution of 2002 profit.



5.       Discharge  of Management board members from liability for 2002

operations.



6.      Budget and operational plan for 2003.



7.       Elections of a certified auditor for 2003 accounts and setting

the compensation.



8.        Supervisory   Board  and  Management  Board  report  on  2003

operations.



9.      Certified auditor's report and opinion on 2003 Annual Report.



10.  Approval of financial results and Annual Report for 2003.



11.  Distribution of 2003 profit.



12.   Discharge  of  Management  board  members from liability for 2003

operations.



13.  Budget and operational plan for 2004.



14.  Elections of Supervisory Board.



15.  Elections of a certified auditor for 2004 accounts and setting the

compensation.



16.   Other business.



Shareholders   may   participate  at  the  meeting  in  person,  or  be

represented  by  a trustee (upon presentation of a proxy duly certified

by   a  notary  public).  Shareholders  have  to  produce  a  statement

certifying blocking the shares on the acount.

For  participation  at  the  AGM,  shareholders  shall  instruct  their

custodians to block the shares on the accounts by May 21, 2004.

Draft resolutions and agenda will be made available to the shareholders

starting  with  May  20 and ending on June 4 on business days from 9:00

till   13:00  at  the  premises  of  JSC  ``Liepājas  autobusu  parks``

reception, 8/16 Cukura Street, Liepāja.