JSC  "Grobiņa"  AGM  of  shareholders will convene on April 16, 2004 at

12:00, at the company club premises, Grobiņas pagasts, Dubeņi, Lapsu 3.

Registration open from 11:00. Agenda:

1. Management Board report on 2003 results.

2. Approval of Annual Report for 2003.

3. Distribution of profit.

4.  Discharge  of  Management  Board  members  from  liability for 2003

operations.

5. Approval of 2004 budget.

6. Company registration at the Commercial Register.

7. Approval of the new version of Company Charter.

8. Re-elections of Supervisory Board members.

9. Approval of certified auditor.

10. Other business.



Draft resolutions are available to shareholders for inspection starting

with  April  5,  2004,  on  business  days,  at  the company accounting

department.

For  participation  at  the  meeting, shareholders shall instruct their

custodians to block the shares on the accounts by April 1, 2004.

Upon  registration,  shareholders  have to present a personal ID and an

account  statement  about the blocked shares. Proxies have to present a

duly certified proxy.