JSC "Olainfarm" repeated shareholders general meeting on August 4, 2000

decided:

1. To confirm new wording of charter;

2. To authorise L.Baskirova, J.Kalnins, L.Abele to sign new wording;

3. To elect as chairman of Management Board V.Maligins;

4.   Supervisory   Board   was  elected  as  follows:  Tatjana  Lukina,

Egils-Einārs Jursevics, Inna Maligina, Irina Pospelova, Juris Savickis;

5.  Management  Board was elected as follows: Valerijs Maligins, Andris

Jegorovs,  Janis  Kalnins,  Ilmārs  Penke,  Jurijs  Kaplinovs, Genādijs

Melnis and as candidate to Management Board Viktorija Zuka was elected;

6. Determined remuneration of Management Board members;

7. Determined remuneration of Supervisory Board members;

On  August  4, 2000 Management Board elected Andris Jegorovs and Jurijs

Kaplinovs as vice-presidents of JSC "Olainfarm".