1.      To approve JSC Latvijas kuģniecība Annual Report 2003.



2.      To approve JSC Latvijas kuģniecība Consolidated Report 2003.



3.        Release   of   Members   of   the  Board  of  Directors  from

responsibility for 2003:



1)      Gints Bukovskis (for the period from 1 January 2003 till 30 May

2003);



2)      Juris  Kārlis  Viktors Reinhards (for the period from 1 January

2003 till 30 May 2003);



3)      Imants  Vikmanis  (for  the  period from 1 January 2003 till 31

December 2003);



4)      Valērijs  Godunovs  (for the period from 1 January 2003 till 31

December 2003);



5)      Alvis  Akmens (for the period from 30 May 2003 till 31 December

2003);



6)      Aivars  Enkuzens  (for  the  period  from  30  May 2003 till 31

December 2003).



4.       To  approve  JSC  Latvijas kuģniecība Budget 2004 and Business

Plan 2004.



5.      To use JSC Latvijas kuģniecība profit for 2003 for covering the

accumulated loss of the previous years.



6.       To approve Viktorija Usoviča as certified auditor (certificate

#  109)  for  JSC  Latvijas  kuģniecība  Annual Report and Consolidated

Report  2004.  To instruct the Board of Directors to sign and agreement

with Moore Stephens international auditors.



7.      To postpone the review of the agenda item 5 Registration of JSC

Latvijas  kuģniecība in the Commercial Register, agenda item 8 Election

of  JSC  Latvijas  kuģnicība  Supervisory  Council  and  agenda item 10

Miscellaneous  till repeatedly convened AGM, together with agenda items

Approval  of  the new Articles of Association and Conversion of shares,

which could not be reviewed by the AGM due to lack of quorum.