JSC "Rigas Komercbanka" shareholders general meeting will take place at

2  PM  on  March  30,1999 at Kr. Barona Street 107, Riga (Central Sport

Center "Daugava").

On the agenda:

1)  Management  Board  report  about  its  operations  in  the 1998 and

affirmation of the 1999 budget.

2) About the increase of share capital and affirmation of the rules and

prospectus for the VII closed share issue.

3) About amendments to the company charter

4) About changes in the Supervisory Board and Management Board.

5) Miscellaneous.

Last date for the blockage of shares March 18,1999.