1.  Approval  of  Annual  Report  for 2002 and discharge of Management

Board from liability.

Draft resolution:

1.1 To approve JSC "Grindeks" audited Annual Report for 2002;

1.2   To   approve  JSC  "Grindeks"  consolidated  report  and  audited

consolidated annual report for 2002;

1.3 To discharge Management Board from liability for 2002 operations.

2. Approval of the budget and operational plan for 2003.

Draft resolution:

2.1  To approve operational plan and budget for 2003 with the following

key  figures: net sales LVL 18,252,237; gross profit LVL 6,341,205; net

profit LVL 1,475,231; investment amount LVL 1,068,963.

3. Elections of certified auditor for 2003.

Draft resolution:

3.1  To  elect  certified  auditor  for  2003  and  to set remuneration

according to the approved budget for 2003;

4. Changes in Supervisory Board and Management Board.

Draft resolution:

4.1  Considering  the  request  of  Ērika Pleiša to revoke her from the

position of Management Board member, to approve the request.

5. Other business.