JSC  "Liepajas  metalurgs" shareholders general meeting will take place

on June 12

On the agenda:

1) Management report about operations in 1998.

2) Confirmation of 1998 Financial statement.

3) Distribution of 1998 profit.

4) Releasing of Management Board members from responsibility for 1998.

5) Conformation of 1999 budget.

6)  Increase  of  share capital and confirmation of regulations for the

closed sha

7) Amendments to the company's charter.

8) Miscellaneous.