2004.05.26, Rīgas autoelektroaparātu rūpnīca, RIG

1.  Registration  of  Company at the Commercial Register, and change of

share nominal value and the new version of Charter.

To register Company at the Commercial Register: and, related to this:

-  To  increase share capital by LVL 0.60 in a way of debt-equity swap.

To approve the rules of the new closed share issue.

- To convert Management Board shares into closed issue voting shares;

-  To  set  the  nominal  value  LVL 0.60 per share, and, respectively,

reduce the number of shares held by each shareholder;

- To approve the new version of the charter.