JSC  "Ventspils  nafta"  informs  that  at  10  AM  on May 17, 2001 JSC

"Ventspils  nafta"  shareholders  general  meeting  will  take place in

Ventspils, Inzenieru 101, Ventspils College.

On the agenda:

1. About Annual report for 2000;

2.  About discharge of Management Board members from responsibility for

2000;

3. About distribution of profit for 2000;

4. About operations and budget for 2001;

5. About elections of certified auditor for 2001.