After  ending  of JSC "Gutta" shareholders general meeting on September

4, 2000

was  found that one of representatives of shareholders on whom depended

quorum  of  shareholders  general meeting has submitted proxy that does

not  grant  right  to  vote. Therefore shareholders general meeting was

announced  as  invalid  and  in  compliance  with  Law  on  Joint Stock

Companies   point  56.3  repeated  extraordinary  shareholders  general

meeting  will  be  called  at  10AM  on  October 4, 2000 in JSC "Gutta"

office, Maskavas street 240 with previously announced agenda:

1. Confirmation of JSC "Gutta" annual report for 1999;

2. Release of Management Board members from responsibility for 1999;

3. Elections of certified auditor;

4. Miscellaneous.