Management   Board  Resolution  (passed  on  the  Riga  Stock  Exchange

Management Board meeting on February 27,

1998)  Pursuant  to  the  provisions  of  Item IV.1.1 of the Riga Stock

Exchange  Enforcement  Note  on  Securities Lists, a/s 'Ventspils zivju

konservu  kombināts' shares shall be listed on the Free List from March

2, 1998.