1. Management Board report on 2003 performance;



2. Supervisory Board report;



3. Certified auditor's report;



4. Approval of the Annual Report for 2003;

To approve Annual Report for 2003.



5. Distribution of 2003 profit;

To retain 2003 undistributed - to offset the losses incurred during the

previous years,



6.  Discharge  of  Management  Board  members  from  liability for 2003

operations;

To   discharge   Management  Board  members  from  liability  for  2003

operations.



7. Approval of the 2004 budget;

To approve the 2004 budget.



8. Elections of a certified auditor;

To elect Nelle Jermoļicka (licence #102) a certified auditor for 2004;



9. Compensation to the Management Board and Supervisory Board members;

To set a compensation ….(based on shareholders' proposals).



10. Other business.