Primary placement auctions of Latvian Government debt securities


In order to place Latvian Government Treasury debt securities competitive       
multi-price auctions will be run on RSE on August 8, 2007.                      
Non-competitive fixed rate auctions will be run on RSE on August 9, 2007; the   
fixed rate set by State Treasury will be published on RSE webpage after the     
competitive auctions.                                                           

--------------------------------------------------------------------------------
|    ISIN    |  Order book  | Orderbo |  Maturity  | Competitive | Non-competi |
|            |              | ok id.  |    date    |  auction -  |    tive     |
|            |              |         |            | Total value |  auction -  |
|            |              |         |            |    to be    | Total value |
|            |              |         |            |   placed    |    to be    |
|            |              |         |            |    (LVL)    |   placed    |
|            |              |         |            |             |    (LVL)    |
--------------------------------------------------------------------------------
| LV00005    | LVGA000008C  | 41985   | 08.02.2008 | 4 000 000   | 1 000 000   |
| 32182      |              |         |            |             |             |
--------------------------------------------------------------------------------
| LV00005    | LVGA000008D  | 41986   | 08.08.2008 | 4 000 000   | 1 000 000   |
| 40938      |              |         |            |             |             |
--------------------------------------------------------------------------------
| LV00005    | LVGA050011A  | 36918   | 03.11.2011 | 4 000 000   | 1 000 000   |
| 70059      |              |         |            |             |             |
--------------------------------------------------------------------------------
| LV00005    | LVGAUNKN18A  | 41987   | 10.08.2018 | 4 000 000   | 1 000 000   |
| 90016      |              |         |            |             |             |
--------------------------------------------------------------------------------

The settlement date for both (competitive and non-competitive) auctions is on   
August 10, 2007                                                                 
The nominal value of one security is LVL 100.                                   

Riga Stock Exchange                                                             
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