Board   of   Public   Joint   Stock  Company  Grindeks  announces  that

extraordinary  general  meeting of PJSC Grindeks shareholders will take

place  on  14  September  2004 at 10:00, at the conference hall of PJSC

Grindeks , Krustpils iela 53, Riga. Agenda of the meeting:



1.      Regarding record of PJSC Grindeks in the Commercial Register of

the Republic of Latvia.

2.      Approval of the Council Regulation of PJSC Grindeks .

3.       Approval  of  a  new version of the Articles of Association of

PJSC Grindeks .

4.      Regarding the Council of PJSC Grindeks .

5.      Miscellaneous.



Shareholder  registration  will  be  held  on  the  day of meeting - 14

September  2004 between 09:00 and 10:00 at the venue. Shareholders must

present their passport or other personal ID at registration.

Shareholders  may participate in person or they may be represented by a

person submitting a letter of authorization.

Shareholders having securities account must prove blocking of shares on

account  by  presenting  a  document  issued  by  the  bank,  which  is

maintaining   the  respective  securities  account.  The  deadline  for

blocking the shares is 3 September 2004.

Draft  resolutions  and  other  material  of  the extraordinary general

meeting  of  shareholders  will  be  available  to  shareholders from 6

September  2004  at  the  PJSC Grindeks office (reception) at Krustpils

iela  53, Riga, from 10:00 to 15:00 on business days. Contact phones: 7

083252, 7 083205.

Board of PJCS Grindeks