About  JSC  "Staburadze" extraordinary shareholders general meeting JSC

"Staburadze"  Management  Board on December 11, 200 decided to call JSC

"Staburadze"  extraordinary  shareholders  general  meeting at 11 AM on

January 12,

2001 in Riga, Brivibas gatve 266.

On the Agenda:

1. Purchase of SIA "NOI Baltija" capital parts.

If  absence  of  quorum  will  not  allow  to  rule on agenda questions

repeated  extraordinary  shareholders general meeting will be called at

11 AM on February

12, 2001 in Riga, Brivibas gave 266.

Last   day   to   block   shares  for  participating  in  extraordinary

shareholders   general   meeting  is  January  2,  2001;  for  repeated

extraordinary shareholders general meeting - February 2, 2001.

In  compliance  with information of LCD at disposal of JSC "Staburadze"

on

12.04.2000  and  announcement  from JSC "Latvijas Krajbanka" and Trigvi

Halvardson,  more  than  5% of JSC "Staburadze" shares own: SIA "Nordic

Food",  Trigvi Halvardson. State Social security Agency owns - 4,7% and

JSC "Baltijas Tranzitu Banka" - 4,23%.