OMX Baltic stock exchanges welcome AS NORVIK BANKA as a pan-Baltic member


On April 11, 2007,  AS NORVIK BANKA has been approved as a member on the
Tallinn, Riga and Vilnius stock exchanges.  AS NORVIK BANKA has become the 17th
pan-Baltic member. 

NORVIK BANKA, established on 29 April 1992, is large commercial bank with
Icelandic - Latvian capital. The bank operates in the Latvian and international
financial markets, offering its services to a wide range of clients - from
private persons to international institutional investors. The largest
shareholder of the bank, owning 51% of shares, is the Icelandic company
Straumborg ehf. 

NORVIK BANKA has been offering brokerage service as well as asset management
services in global stock market for more than 5 years.  The bank's subsidiary
company Norvik IPS manages one of the most profitable pension funds of Latvia.
This year Norvik IPS registered a group of investment funds. 

“Membership of the Baltic stock exchanges is the logical step strengthening our
position as one of the leaders in the financial service market of the region,
and additionally expanding opportunities for our clients,” noted the Head of
the bank's Investment Department I. Kuznecovs. 

NORVIK BANKA will trade on the OMX Baltic stock exchanges under the trading
code NRK.  The Baltic stock exchanges have 40 members altogether. 


For more information, please contact:
Tex Vertmann,
Communications Manager, Tallinn Stock Exchange
+372 640 8862

Āris Dreimanis,
Head of Corporate Communications, Riga Stock Exchange
+371 7212431

Gintare Blazyte, 
Communication Manager, Vilnius Stock Exchange
+370 5 272 13 71