JSC  "Gutta"  general  meeting  of  shareholders  of December 19, 2001,

resolved on the following:

1.  To  increase  Company share capital up to LVL 3,723,699, by issuing

6,000,000

common  registered voting shares in closed issue (nominal value LVL 1),

via debt-equity swap to creditor "Boninvest LLC".

2. To approve the Rules for the closed share issue;

3. To introduce the respective changes in JSC "Gutta" Charter.