JSC  "Rigas  Fondu  birza"  Management  Board  on  the  January 27,2000

decided:

1. In compliance with Rules and Regulations of the Riga Stock Exchange,

part  V  point 4.2., to delist JSC " Līgatnes papīrfabrika" shares from

Free  List  of Riga Stock Exchange starting January 31,2000. Securities

code LV 0000100857