JSC  "Kaija" informs that the AGM of shareholders was held on July 29,

2003, from 11.00 to 12.00.  Resolutions of the AGM are the following:



1.           To  accept  reports of Management Board, Supervisory Board

and auditor;



2.           To  discharge the Management Board from liability for 2002

operations;



3.           To  approve the Annual Report and the financial results of

JSC  "Kaija"  for 2002 and to use the 2002 profit to cover the previous

years losses;



4.          To approve 2003 operational plan;



5.          To approve 2003 budget plan;



6.           To  revoke  A.Ādamsons  from responsibilities of member of

Management Board and to review the item of discharging from liabilities

for 2002 operations in the next general meeting of shareholders;



7.           To  approve the total remuneration pool for the members of

Management  Board and Supervisory Board in the same remuneration amount

as  in  the  previous  year  and to retain the reserves not used in the

previous years.