JSC  "Rigas  transporta flote" shareholders general meeting on June 16,

2001 made following resolutions:

1. To confirm JSC "Rigas transporta flote" 2000 Annual report;

1.1  to  authorise  O.Kolosovs  to  sign  all  documentation concerning

financial report and shareholders general meeting;

1.2  to  authorise V.Sedihs to make all necessary actions in Enterprise

register of Latvia;

2. To discharge Management Board members from responsibility for 2000;

3.  To  confirm  JSC  "Rigas  transporta  flote"  budget  and  plan  of

operations in

2001;

4. To elect Evalds Figurnovs as certified auditor for 2001.