22.03.1999, Valmieras stikla šķiedra, RIG

JSC  "Valmieras  stikla skiedra" shareholders general meeting will take

place at

11AM  on  the April 24,1999 in Lacplesa str.4, Valmiera in the Big Hall

of Valmiera Theatre.

On the agenda:

1)  Management  Board,  Certified auditors and Supervisory Board report

about  compliance  with  1998  budget  and  conformation  of  financial

statement.

2) Distribution of 1998 net profit.

3)  About  increase  of  share  capital by transforming loans for share

issue in the

1998  into JSC share capital and conformation of regulations for closed

share issue.

4) About operations in the 1999 and budget.

5)  Recompensation of Management Board and Supervisory Board members in

the 1999.

6) Election of certified auditor.

7)   About  authorisation  of  Management  Board  to  sign  information

disclosure prospectus.

8) Miscellaneous.

Last  day  to  block  shares  April 14,1999. Share capital on the April

15,1999 was LVL 12 485 092.