JSC  "Grindeks"  shareholders  General  Meeting  will take place in the

Conference Hall of "Grindeks" at the address: 53

Krustpils Street, Riga, on November 21, 1998, at 11:00.

Agenda:

1. Compliance with the 1998 budget main items.

2.  Election of the Supervisory Board and the budget of the Supervisory

Board.

3.  Election  of  the Management Board and the budget of the Management

Board.

4. Amendments to the company charter.