A/s 'Staburadze' shareholders General Meeting will be held on April 28,

1998, at 14:00, at Riga Congress House, 5 Valdemara St., Riga. Agenda:

1. On Annual Report of A/s 'Staburadze'.

2.  Report  of  audit  firm  'Price Warehouse' for annual report of A/s

'Staburadze' for 1997.

3. On discharge of the Management Board members from the responsibility

for 1997

operations.

4.  On  dismissal  or  discharge  of  Supervisory  and Management Board

members.

5. On distribution of 1997 profits.

6. On increase of share capital of A/s 'Staburadze'.

7. On budget for 1998 and operations plan.

8. On appointment of certified auditor for 1998.

9.  On  authorize  Management  Board  to  work out and to approve issue

prospectus at Securities Market commission.

10. Miscellaneous questions