1.       To  accept for information the Management Board Report on 2003

performance and the progress of restructuring process.



2.      To approve JSC "Ogre" Annual Report for 2003.



3.       To discharge Management Board of JSC "Ogre" from liability for

2003 operations".



4.       To  revoke  Management Board member Vladislavs Tikāns from his

position.



5.       To  revoke  Supervisory  Board  member Gundars Staģis from his

position.



6.      To elect Vladislavs Tikāns a Supervisory Board member.



7.       To  elect  certified  auditor  Natalija Millere, SIA "NM", for

2004, and to set that the fee may not exceed LVL 4,000.



8.       To call an extraordinary meeting on August 27, 2004, at 16:00,

4 Ikšķiles Street, Ogre, with Agenda: JSC "Ogre" business in future.



9.       To  decline the move of shareholder "RB Securities" to include

an  agenda  item  for  the extraordinary meeting: "To charge Management

Board to provide a report on liabilities that are due for payment".



10.   To  call  a  repeated  AGM of shareholders on August 20, 2004, at

12:00, 4 Ikšķiles Street, Ogre. Agenda:

 1. Registration of the company at the Commercial Register.

 2. Conversion of Management Board shares.

 3. Change of company name.

 4. Approval of the company Charter.

 5. Other business (issuing a mandate).



11.   To  issue  a  mandate  to  JSC  "Ogre"  President  to  settle all

formalities  with  Company  Register and other public institutions with

regard  to AGM resolutions, with the right to transfer the mandate to a

third party.



Shareholders  shall  instruct  their  custodians to block the shares on

accounts  by August 17, 2004. Shareholders who will block theirs shares

by  the  above  deadline  will  be  able  to  participate  both  at the

extraordinary  as  well  as at the repeated AGM. The shares will not be

unblocked until the end of the repeated AGM.