JSC  "Rīgas kuģu būvētava" repeated AGM of shareholders will be held on

August  18,  2004,  at  17:00,  at  the  address  2 Gāles Street, Riga.

Shareholder  registration  from  16:30  at  the  venue  of the meeting.

Agenda:

 1. Registration at the Commercial Register.

 2. Conversion of Management Board shares.

 3. Approval of Company Charter.

 4. Other business.



August  9,  2004  is  the deadline for blocking shares on the accounts.

Draft resolutions will be made available to shareholders for inspection

starting  with  August 9, 2004, at 2 Gāles Street, Riga; appointment by

phone 7080883.