JSC  "Latvijas Unibanka" annual general meeting of shareholders will be

held on

30  March  1999,  at  14:00 at 2 Elizabetes iela, Riga (the World Trade

Centre Riga, Assembly Hall).

On the agenda:

1) The annual report for the year ended 31 December 1998.

2) Discharge of the Directors from liabilities for 1998.

3) The budget and action plan for 1999.

4)  Election  of  Directors to the Board and Members to the Supervisory

Council.

5) Appointment of Auditors for 1999

Registration  of  shareholders  on  the  day  of the general meeting in

person  or be represented at the venue of the meeting. The shareholders

may  give  orders  their  holder  of securities account to freeze their

shares not later than on 18 March

1999  (till  the end of business hours). Those holders of de-registered

shares  or  their  proxies  failing  to present a receipt issued by the

securities  account,  confirming  freezing  of  the shares, will not be

admitted to the meeting.

The  draft  resolutions  of  the  general  meeting are available to the

shareholders  at  23  Pils  iela,  Riga, at the information desk in the

banking  hall  of  JSC "Latvijas Unibanka" Vecriga branch from 23 to 29

March 1998 on weekdays 9:00 to

17:00,  and on the day of the general meeting, at the registration desk

at the World Trade Centre Riga.