1. To  approve  Management  Board  and  Supervisory  Board  reports on

    progress  made  in  2003. To approve the audited 2003 Annual Report

    and auditor's opinion.

 2. Company has worked at a loss in 2003. To offset the losses from the

    profit made in previous and future years.

 3. To approve Aija Kalniņa (licence #91) a certified auditor for 2004;

 4. Subsequent  to  the  change  of  the  key  shareholders,  to revoke

    Supervisory Board.

 5. To  approve a new Supervisory Board: Uģis Salna; Solvita Melngaile;

    Jānis Brečs; Dace Timermane; Jānis Muncis.

 6. To  charge  Supervisory Board with the obligation to call a meeting

    and to elect Chairman and Deputy; to issue a mandate to Chairman to

    sign   documents  any  associated  with  the  registration  of  AGM

    resolutions.

 7. To  approve  the  budget  and  strategy  for  2004  as  proposed by

    Management Board.

 8. To continue listing at a regulated market.

 9. To  charge Management Board with the task to finalise the initiated

    property deals. To issue a mandate to Supervisory Board to take any

    resolutions associated with company property.

10. To  issue  a  mandate  to Supervisory Board to take any resolutions

    associated with company participation at other companies. To charge

    Supervisory  Board and Management Board with the task to dispose of

    the  cash non-generating investments at a profit, and to seek for a

    strategic investor or the EU fund moneys.

11. To  be  advised  on  the  strategy  as  proposed by shareholder SIA

    "Baltic  Consulting  services". To approve strategic guidelines for

    2004-2007.  To  approve  a  task  force  to  finalise the long-term

    strategy.  To  authorise Supervisory Board to approve the long-term

    strategy.