Securities  Exchange  Commission of Latvian Republic in compliance with

Regulations  on  buy-out  of shares point 2.7.informs that on April 19,

2001

Management Board of Securities Exchange Commission has decided to grant

permission  to Liepajas Special Economic Zone SIA "Duna" (registered in

Enterprise  Register  of  Latvia, registration No 210300002) to propose

JSC  "Kokneses  mezrupniecibas  saimnieciba"  mandatory  share  buy-out

offer,  in  compliance  with  on April 18, 2001 submitted share buy-out

Regulations.