Resolutions (project) of the Annual Meeting of the Shareholders of JSC “Latvijas Krājbanka”

About the election of the Council of the JSC ”Latvijas Krājbanka” 
	
The Meeting of Shareholders decided:

1. The following members shall be recalled from the Council of the JSC
“Latvijas Krājbanka” prior to the expiration term: 
1. Aleksandrs Antonovs, date of birth 16.08.1950.; 
2. Raimondas Baranauskas, date of birth 19.01.1958.;
3. Veronika Doļenko, date of birth 27.09.1971.;
4. Naglis Stancikas, date of birth 02.09.1968.; 
5. Oļegs Suhorukovs, date of birth 07.11.1972.

2. The Members of the Council of the JSC  “Latvijas Krājbanka” shall be elected
for three years, the new term shall be effective on 23 March 2007: 

1. Aleksandrs Antonovs, date of birth 16.08.1950.; 
2. Raimondas Baranauskas, date of birth 19.01.1958.;
3. Dmitrijs Jakovļevs, date of birth 29.10.1968.;
4. Naglis Stancikas, date of birth 02.09.1968.; 
5. Oļegs Suhorukovs, date of birth 07.11.1972.;
6. Žoržas Šarafanovičius, date of birth 06.11.1971.;
7. Michael Duncan Chartres, date of birth 13.11.1941.
 
			                                                                   
On Issue of Debt securities

The Meeting of Shareholders decided:

To authorize the Board of the JSC Latvijas Krājbanka, through approval of the
Council, 
within the period of time until 31 March 2009:

• to make decisions on issue of mortgage bonds and/or non-convertible
debentures, 
determining the class and type of the issued debt securities, their nominal
value, 
size and currency of issue, terms of expansion and maturity, as well as other
necessary issue provisions; 
• to approve the issue prospectuses for non-convertible debentures and mortgage
of the JSC “Latvijas Krājbanka” 
• to make decisions on quoting non-convertible debentures and mortgage bonds of 
the JSC Latvijas Krājbanka on the list of debt securities of Riga Stock
Exchange 
• to perform all actions necessary for ensuring the issue and quotation of the
securities.