JSC  "Rigas  Fondu  birza"  Management  Board  on the December 23 ,1999

decided:

2.  In  compliance  with  Enforcement  Note on Securities Lists part I,

point 12 to transfer JSC "Rigas farmaceitiska fabrika" from Second list

of  Riga  Stock  Exchange  to  Free  List  starting  January  1,  2000.

Securities code LV 0000100782.