JSC  "Jekabpils  cukurfabrika"  shareholders  general  meeting accepted

following resolutions:

1) Accepted 1998 operational result;

2) Accepted loses for the 1998;

3) Accepted budget for the 1999;

4)   Elected   Management   Board,   Supervisory  Board  and  certified

accountant.

Supervisory  board  was  elected as follows : Leons Kricalo (chairmen),

Peteris Lazdins, Igors Jegorovs, Janis Dombrans, Peteris Belokurovs.

Management  Board  was  elected as follows: Talivaldis Puga (chairmen),

Nikolajs Malcevs, Modris Svilis, Maris Purmalis, Gundars Celmiņs.

Gaida Kalnina was elected as certified accountant.