Audit  firm  'Ernst  &  Young'  has projected to finish company`s audit

during  the next week. In conformity with dates on February 20,1998 a/s

'OlainFarm' provisory profit for

1997 is 2.44

millions LVL. In conformity with latest dates on March 2,1998 company`s

profit for 1997 is 2 287

615  LVL,  equity  capital  5  621  732 LVL, company capital 3 000 000,

assets 16 681

942  LVL.  For the next three month enterprise projected to issue 2 000

000 shares with nominal value 1 LVL. 1 000

000  shares  will  be seld at the London`s and Scandinavian`s financial

markets.

A/S 'Olainnes ķīmiski-famacētiskā rūpnīca' concluded agreement with A/s

'Hansabank Markets'.