JSC "Staburadze" informs that shareholders general meeting on the April

29,1999

did not take place because registered shareholders represented only 115

759

shares  which  accounts  for  3,81%  of paid-up share capital. Repeated

shareholders general meeting will take place at 10AM on the May 12,1999

in Brivibas boulevard

266,  Riga  with  previously announced agenda. Last day to block shares

May 5,1999.