BIG Issued Bonds in the amount of 20 million Euros.


Balti Investeeringute Grupi Pank AS (BIG) issued bonds for a total amount of
Euro 20 million (313 million kroons) in the course of private placement. The
maturity date of the issued bonds is March 31, 2011. 
Current bond issue is the third part (tranche) of the bond programme with total
volume of Euro 100 million. In the first part of the same bond programme, BIG
issued bonds for Euro 42,7 million (668 million kroons) in April and in the
second part for Euro 20 million (313 million kroons) in June this year. 
The terms of the third tranch were identical to the earlier tranches. Annual
yield of the bonds with quarterly coupons is 3 month Euribor + 750 bps per
annum. BIG can redeem the bonds before maturity. 
The proceeds of the issue will be used for expansion of BIG's activities in
Estonia, Latvia and Lithuania. Timing, volume and conditions of further
tranches will be decided upon based on market conditions and actual financing
needs. 
The issued bonds are registered in Sweden, VPC register* and will be listed at
the SOX List at the Stockholm Stock Exchange. 
The bond issue was arranged by Swedish investment bank E. Öhman J:or
Fondkommission AB. 

Additional information:                                                         
Targo Raus                                                                      
CEO                                                                             
Phone +372 735 0923                                                             

* VPC - Swedish central securities depository, www.vpc.se                       
** SOX - Stockholm Bond Exchange