JSC  "Rigas kugu buvetava" shareholders general meeting will take place

at

5.15.PM on July 4, 2001 in Riga, Gales str.15 (school).

Registration of shareholders will take place from 4.10.PM to 4.55.PM on

July 4,

2001 at the place of venue.

On the Agenda:

1.  Management  report  on  operations in 2000 and confirmation of 2000

Annual report;

2.  Discharge  of  Management  Board  members  from  responsibility for

operations during last year;

3. Distribution of profit for 2000;

4. Miscellaneous.

Shareholders can get acquainted with drafts of resolutions in office by

secretary  in  Riga,  Gales str.2, starting June 20, 2001 each business

day from

1.30.PM to 3PM.