JSC   "Staburadze"   informs  that  in  compliance  with  decission  of

Management  Board  on  March  16,  2001  JSC  "Staburadze" shareholders

general  meeting  on April 26, 2001 in Riga, Brivibas gatve 266 will be

called.

On the agenda:

1. Management report on operations in 2000;

2.  Auditors  conclusion  on  2000  Annual report and consolidated 2000

Annual report;

3. Confirmation of Annual report for 2000;

4. Discharge of Management Board members from responsibility for 2000;

5. Distribution of profit for 2000;

6. Confirmation of budget and plan of operations for 2001;

7. Elections of certified auditor for 2001.

In case of absence of quorum repeated shareholders general meeting will

be called at 11 AM on May 24, 2001

in  Riga,  Brivibas gatve 266. Shareholders can block their shares till

April 12,

2001  (including),  for  repeated shareholders general meeting till May

14, 2001 (including).

In  compliance  with  LCD  data on January 4, 2001. More than 5% of JSC

"Staburadze" shares hold SIA "Nordic Food" and Trigvi Halvardson. State

Social Insurance Agency holds 4.7%, Baltijas Tranzitu banka - 4.23%.