1. To be advised on Management Report on 2003 operations results.



2. To approve Annual Report for 2003.



3.  To  pay  dividends  LVL  0.02  per share out of 2003 net profit; to

transfer  the  remaining  profit  to  company development. To authorise

Management Board to set the dividend record date and the payment date.



4.  To  discharge Management Board and Supervisory Board from liability

for 2003 operations.



5.  To  revoke  Supervisory  Board  members from their positions: Jānis

Davidovičs;  Anatolijs  Ustinovs;  Larisa  Artemenko; Sergejs Golicins;

Gundars Staģis.



6.  To  elect  Supervisory  Board  members: Jānis Davidovičs, Anatolijs

Ustinovs, Ģirts Stelbovičs, Sergejs Golicins, Aleksandrs Čerņavskis.



7. To approve Natālija Zaiceva (SIA "ORIENTS N", licence #28) a company

auditor  for  2004 accounts. To set the fee at LVL 7200.00 for auditing

2004 accounts.



8.  To  issue  a  mandate to Management Board for handling the official

matters  associated  with registration of the AGM resolutions, with the

right to transfer to third parties.



9. To call a repeated AGM of shareholders on August 18, 2004, at 17:00,

at the address 2 Gāles Street, Riga. Agenda:



  1.      Company registration at the Commercial Register.



  2.      Conversion of Management Board shares.



  3.      Approval of Charter.



  4.      Other business



Registration starting with 16:30 at the venue of the meeting. August 9,

2004 is the deadline for blocking shares on the accounts.