JSC "Lode" shareholders general meeting made following decisions:

1. Confirmed JSC "Lode" financial statement for 1999;

2.  JSC  "Lode"  operations  in  1999 were approved as satisfactory and

Management Board members discharged from responsibility for 1999;

3. Approved distribution of JSC "Lode" profit of LVL 250 955:

n pay in dividends LVL 0,035 per share, in total LVL 77 879,83;

· Dividends for 1999 will be paid to shareholders on June 15,2000;

· undistributed profit LVL 173 075,17 will be diverted to provisions;

4.  Regarding  election  of  Supervisory  Board  members  -  JSC "Lode"

Management  Board  will call extraordinary shareholders general meeting

in July of 2000;

5. JSC "Lode" conformed budget for 2000 and plan of operations;

6. As certified auditor Marija Kanepe was elected.