JSC  "Staburadze"  informs that on 23.04.2001 has received shareholders

list  prepared  by  Latvian  Central Depository on shareholders general

meeting  taking  place  on  24.04.2001  were  is stated that citizen of

Iceland  Tryggvi  Hallvardsson,  persons  code  220760-7749, passport A

122440,  issued  in May 27, 1992 in Hafnarf, living in Vidarimi 33 112,

Reykjavik,  Iceland  owns  195  876  JSC  "Staburadze" (registration No

000301248, address: Riga, Artilerijas iela 55, LV-1009) shares.

Therefore  his  voting  rights  in  shareholders general meeting of JSC

"Staburadze"  has  decreased  and  present  amount  represents 6,45% of

voting rights.