JSC  "Lode"  AGM  of  shareholders  will  be held on April 22, 2004, at

14:00,  at  JSC  "Lode" conference hall at Liepas pagasts, Cēsu region.

Agenda:



1.     Annual Report for 2003.



2.      Discharge  of  Management Board members from liability for 2003

operations.



3.     Distribution of 2003 profit.



4.     Budget and operational plan for 2004.



5.     Registration of the Company at the Commercial register.



6.     Amendments to the Charter.



7.     Supervisory Board and Management Board.



8.     Elections of a certified auditor.



9.      Mandates  to  deal  with  the matters connected with Commercial

Register.



JSC  "Lode"  may  instruct  their custodians to block the shares on the

accounts  by  the  end  of  the  business  day  of April 8, 2004. Draft

resolutions  are  made  available to the shareholders for inspection at

the  company  office starting from April 8, 2004, on business days from

10:00 till 17:00.