/IRBIS, Jan.19, 00/ - OJSC "SHNOS" (Shymkent, KASE official list of securities, category "A") has informed Kazakhstan stock exchange (KASE) of the shareholders general meeting to be held on February 11, 2000 with the following agenda: - Reduction of paid (issued) part the authorized capital of OJSC "SHNOS". - Approval of the company's annual financial statement. - Payment of dividends to the shareholders and approval of the dividends based on the results of the year.

OJSC "SHNOS" gives a clarification in its memo, that reduction in paid (issued) part of the authorized capital of the company was made on the basis of the Board of directors' decision, dated December 10, 1999.

The meeting will be held in Almaty branch of OJSC "SHNOS" at: 69, Karasai batyr St., Almaty. If quorum is not reached the meeting will be held again on February 12, 2000.