Riga Stock Exchange                                                             07.12.2004



Draft resolutions of JSC “Baloži” AGM



JSC “Baloži” annual general meeting of shareholders, to be held on December  21, 2004, with 

regard to Agenda items 5 and 6 – Amendments to the Charter and Reduction of share capital - 

is planning to pass the following resolutions: 

- Company share capital is LVL 283,475, consisting of 283,475 shares.

- The nominal value of a share is LVL 1.