JSC  "Gutta"  informs  that  Riga District Court on February 28 did not

review an action brought by "Norbiton

Assets

Inc"  on  JSC  "Gutta"  insolvency.  Therefore  court actions are fully

terminated.

Riga District Court made decision based on terms of legal procedure for

filing a petition.

Any comments of "Norbiton

Assets

Inc"  and former administrator regarding JSC "Gutta" financial position

are unofficial, and information about possible insolvency are unfounded

and untrue.