Management   Board  Resolution  (passed  on  the  Riga  Stock  Exchange

Management Board meeting on February 26,

1998)  Pursuant  to  the  provisions  of  Item IV.1.1 of the Riga Stock

Exchange   Enforcement   Note   on   Securities   Lists,   a/s   'Talsu

mežrūpniecība' shares shall be listed on the Free List from March 2,

1998.