JSC  "Latvijas  balzams" shareholders general meeting on July 29, 2002

made following resolutions:

1. To confirm amendments to companies charter - to express point 4.7 in

following  wording " there are 6 (six) Supervisory Board members. There

are no candidates to members of Supervisory Board";

2.  To  elect   Pjotrs  Avens  as  a  member of  JSC "Latvijas balzams"

Supervisory Board for the rest authorisation term.