JSC  "Balta"  informs  that  extraordinary shareholders general meeting

will  take  place at 1PM on June 12, 2001 in Radisson SAS Daugava Hotel

Riga hall "Lielupe", Riga, Kugu 24.

On the Agenda:

1. About JSC "Balta" Management Board;

2. About JSC "Balta" Supervisory Board;

3. Authorisations;

4. Miscellaneous.