JSC  "Kaija"  shareholders  general  meeting will take place at 11AM on

April 19,

2001 in Riga, Atlantijas 15, JSC "Kaija" hall.

On the agenda:

1. Report of Management Board on operations in 2000;

2. Report of Supervisory Board;

3. Report of Certified auditor;

4. Release of Management Board members from responsibility for 2000;

5. Confirmation of financial results for 2000 and budget for 2001;

6. Confirmation of plan of operations;

7. Confirmation of changes in composition of Supervisory and Management

Board;

8. Elections of certified auditor;

9. On conversion of 2nd closed share issue to public share issue;

10. Miscellaneous.

Registration  of  shareholders will begin on at 10AM on April 19, 2001.

Proposals  regarding  agenda  can  be submitted in writing to secretary

after 4 PM starting April 10, 2001 in JSC "Kaija", Riga, Atlantijas 15.

Shareholders  can  block  their  shares till April 9, 2001 (including).

Drafts  of  resolutions  are available starting April 17, 2001 in Riga,

Atlantijas 15.