Item No. 1 on the agenda

Approval  of   "A/s Latvijas Gaze annual accounts for the year ended 31

December  2002" and "A/s Latvijas Gaze consolidated annual accounts for

the year ended 31 December 2002" 

To  approve  "A/s  Latvijas  Gaze annual accounts for the year ended 31

December  2002" and "A/s Latvijas Gaze consolidated annual accounts for

the year ended 31 December 2002"



Item No. 2 on the agenda

Release of the members of Board of Directors and Supervisory Board from

responsibility for activities in year 2002 

To  release  from responsibility for activities in year 2002 members of

the  Board  of  Directors  -  Adrians  Dāvis,  Frank Siebert, Aleksandr

Mihejev, Anda Ulpe, Gints Freibergs, Jānis Kalvāns (for the period from

January 1, 2002 to August 15, 2002) , Uldis Auniņš (for the period from

August  15,  2002  to  December  31,  2002),  and  the  members  of the

Supervisory  Board  -  Juris  Savickis  , Fritz Gautier, Yelena Karpel,

Vlada  Rusakova,  Igor  Nazarov,  Eike Benke, Reiner Lehmann, Stefan F.

Seipl,  Matthias  Keuchel, Vasilij Fadejev (for the period from January

1,  2002  to July 12, 2002), Aleksandr Krasnenkov ( for the period from

July  12,  2002  to December 31, 2002), Kiril Seleznev ( for the period

from July 12, 2002 to December 31, 2002)



Item No. 3 on the agenda

Approval of JSC "Latvijas Gāze" year 2002 profit distribution 

From JSC "Latvijas Gāze" 2002 profit amounting to LVL 12 192 375:

to  pay  in  dividends LVL 7 980 000 or 65.5% (LVL 0.20 per one paid up

share),  to  determine  the  July  15th,  2003  the  date of dividends'

calculation and the July 18th, 2003 the date of dividends' payment;

to  transfer  LVL 4 206 237 (34.5%) to the reserves provided for by the

Charter of the Company;

the  profit  of  SIA  "Latvijas Propāna Gāze" amounting to LVL 6 138 to

transfer in reserve- unrealised gains from investment in subsidiary.



Item No. 4 on the agenda

Determination  of  additional  payment  to  the salaries (wages) to the

employees of the Company for performance in year 2002 

To  pay  a  single additional payment to the employees of JSC "Latvijas

Gāze"  for  the  performance in year 2002 using funds reserved for this

purpose - LVL 1 215,6 thousand:

incl. LVL  988.5 thousand - single additional payment;

LVL 227.1 thousand - mandatory state social insurance payment;

To pay a single additional payment from the above sum to the members of

the  Supervisory  Board  for  performance in year 2002 in amount of two

monthly  salaries,  to  the chairman of the Supervisory Board Aleksandr

Krasnenkov  a single additional payment for performance in year 2002 in

amount  of  four monthly salaries, to the vice-chairmen Juris Savickis,

Fritz  Gautier,  as well as Vasilij Fadejev a single additional payment

for  performance  in  year  2002 in amount of three monthly salaries in

proportion  to  their term of mandate of chairman of Supervisory Board,

vice-chairman  of  Supervisory Board and member of Supervisory Board of

JSC "Latvijas Gāze" in year 2002



Item No. 5 on the agenda

Approval of JSC "Latvijas Gaze" year 2003 budget 

To approve JSC "Latvijas Gāze" year 2003 budget



Item No. 6 on the agenda

On the amendments to the Charter of JSC "Latvijas Gāze" 



Item No. 7 on the agenda

On  composition  of the Board of Directors and the Supervisory Board of

JSC "Latvijas Gāze" 

To  elect   _________________________  to the Supervisory Board for the

term  of  3  (three)  years  and determine the beginning of the term of

service July 4, 2003.

To  determine  the  following  remuneration  to  the  Supervisory Board

members for their work at the Supervisory Board of JSC "Latvijas Gāze":

Chairman of the Supervisory Board         _____________a month;

Vice-chairman of the Supervisory Board _____________a month;

Member of the Supervisory Board          _____________a month.

Due  to  expiry of the term of mandate of Board of Directors to ask the

Republic of Latvia Enterprise Register to make a record on release from

positions  members  of  the  Board  of Directors of JSC "Latvijas Gāze"

Adrians  Dāvis,  Frank  Siebert,  Aleksandr  Mihejev,  Anda Ulpe, Gints

Freiergs, Uldis Auniņš from August 16, 2003.

To  elect  _________________________  to the Board of Directors for the

term  of  3  (three)  years  and determine the beginning of the term of

service August 16, 2003.

To  authorise  the  chairman of the Board of Directors Adrians Dāvis to

sign  the  documents  of  Joint Stock Company "Latvijas Gaze" connected

with  registration  of  changes in composition of Supervisory Board and

Board  of  Directors  of  JSC  "Lavijas  Gāze"  in  Republic  of Latvia

Enterprise  Register, including, to sign reiterative application and/or

claim  to  the  Republic  of  Latvia  Enterprise  Register  in  case of

rejection  of  registration changes in composition of Supervisory Board

and  Board  of  Directors of Joint Stock Company "Latvijas Gāze" in the

Republic of Latvia Enterprise Register.

To  authorise  ___________________________________________  ,  identity

number  _______-_______,  to  submit to and to receive from Republic of

Latvia  Enterprise  Register  the  documents  of  JSC  "Latvijas  Gāze"

connected  to  registration  of  changes  in composition of Supervisory

Board and Board of Directors of JSC "Latvijas Gāze".