The  Management  board  of  JSC "Gutta" will recommend the shareholders

meeting  (  to be held on September 8) to pay 10% in dividends from the

LVL  2  609  738 profit made in 1997, and to increase share capital for

remaining sum.

In 1998 Gutta plans to receive profit of LVL 3.5 mill.

Gutta  has registered with the LCD an additional share issue of 100 841

common  shares  with  face  value  of  LVL  1. Shares will be in public

circulation from August 31, 1998.