JSC  "Olainfarm"  extraordinary  general  meeting  of  shareholders  of

November 16,

2001 resolved on the following:

1. To revoke Ilmārs Penke from the Supervisory Board Member position.

2. To elect Igors Buimisters a Supervisory Board Member.

3.  To convene a repeated extraordinary general meeting of shareholders

on December 14, 2001, at 11:00, with the following agenda:

1) Amendments to the Charter;

2) Other business.