On March 29, 2007, took place first meeting of Riga Stock Exchange Surveillance Committee which examined issues about AS “Latvijas gāze” and “Baloži” breaches. AS „Latvijas Gāze” exceeded RSE rules about 12 month unrevised financial statement submitting, but AS „Baloži” exceeded RSE rules about 3 month unrevised financial statement submitting. As these issuers RSE rules breached repeatedly pursuant to Article 32.2.3. of the RSE members and trading rules RSE Management Board decided to forward these issues to Riga Stock Exchange Surveillance Committee. Surveillance Committee acquainting with matters of this case and considering importance of disclosing information to the stock exchange in timely manner decided to apply fine of Ls 6000 to AS “Latvijas Gāze” and fine of Ls 250 to AS “Baloži”. Amount of fine was set evaluating importance of every breach and influence on securities market. Resolution of Riga Stock Exchange Surveillance Committee will become effective on April 16, 2007. Surveillance Committee at Riga Stock Exchange commenced its operations in January 11, 2007. The RSE to Surveillance Committee has delegated a part of its functions related to surveillance of regulated market to an independent body. The Committee consists of experts who are not related to the RSE. For further information, please contact: Āris Dreimanis, Head of Corporate Communications, Riga Stock Exchange, +371 7212431