JSC  "Rigas kugu buvetava" shareholders general meeting will take place

at 5.30

PM on April 16,1999 at Gales str.15, Riga.

On the agenda:

1)   Management   Board   report  about  operations  in  the  1998  and

conformation of Financial report .

2)  Release of Management Board members from the responsibility for the

1998.

3) Distribution of 1998 profit.

4) Election of the Management Board.

5) Election of the Supervisory Board.

6) Miscellaneous.

Last  date  to  block  shares  April 6,1999. Amount of subscribed share

capital LVL