On  the  March  26,1999 shareholders general meeting accepted following

showings:

1. Balance sheet for the 1998:

assets- LVL 10 859 762

liabilities -LVL 10 859 762

2.  Distribution  of  1998 profit LVL 105 000 - for dividends (LVL 0.03

per share for the shareholders on the

01.06.99.);

LVL 7000 - charity;

LVL 64 000 - bonus to the Management Board and Supervisory Board;

LVL 13 755 - Social tax;

LVL 13 835 - reserves.

3. Budget for the 1999:

net turnover - LVL 13 646 000

profit - LVL 107 000