JSC "Ogre" AGM of shareholders will be held on July 21, 2004, at 11:00,

at  the  address  4  Ikšķiles  Street,  Ogre. Registration will open at

10:00. Agenda:

 1. Management  Board  report  on  2003 performance and the progress of

    restructuring process.

 2. Approval of Annual Report for 2003.

 3. Approval of consolidated accounts for 2003.

 4. Discharge  of Supervisory Board and Management Board from liability

    for 2003 operations.

 5. Changes in Management Board and Supervisory Board.

 6. Approval  of  an  auditor for 2004 and the fee for preparing annual

    report for 2004.

 7. Company registration at the Commercial Register.

    7.1  Conversion of Management Board shares.

    7.2  Change of company name.

    7.3  Approval of Company Charter.

 8. Other business.



Shareholders shall instruct their custodians to block the shares on the

accounts by July 12, 2004.