JSC  "Latvijas  Kuģniecība" extraordinary shareholders general meeting

will  take  place  at  11  AM  on July 26, 2002 at Rīgas kongresu nams,

K.Valdemāra 5.

On the Agenda:

1. Elections of Supervisory and Management Board;

2. Miscellaneous.

Shareholders registration on the day and place of venue - July 26, 2002

- from 9 AM to 11 AM.

Shareholders  shall have their accounts blocked by July 16, 2002. Draft

resolutions  are  available  for  inspection  at  the  Latvian  Central

Depository  1  Doma  laukums, Riga, on business days from 10AM to 4 PM,

announcing  their  intention on previous day by phone 7229821 or on the

day or place of venue.