Announcement on the results of government debt securities primary placement auctions

| Source: Nasdaq Riga Nasdaq Riga 

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| ISIN code of the security |  LV00005   |  LV00005   |  LV00005  |  LV00005   |
|                           |   32190    |   40938    |   70059   |   90016    |
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| Date of competitive       | 24.10.2007 | 24.10.2007 | 24.10.200 | 24.10.2007 |
| multi-price auction       |            |            |     7     |            |
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| Settlement date           | 26.10.2007 | 26.10.2007 | 26.10.200 | 26.10.2007 |
|                           |            |            |     7     |            |
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| Maturity date             | 25.04.2008 | 08.08.2008 | 03.11.201 | 10.08.2018 |
|                           |     .      |            |     1     |            |
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| Supply value for          | 4 000 000  | 4 000 000  | 4 000 000 | 8 000 000  |
| competitive multi-price   |            |            |           |            |
| auction (LVL)             |            |            |           |            |
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| Total value bid at        | 4 700 000  | 3 980 000  | 1 240 000 | 4 010 000  |
| competitive multi-price   |            |            |           |            |
| auction (LVL)             |            |            |           |            |
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| Total value placed via    |     0      |     0      |     0     |   10 000   |
| competitive multi-price   |            |            |           |            |
| auction (LVL)             |            |            |           |            |
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| Number of participants at |     5      |     5      |     2     |     3      |
| competitive multi-price   |            |            |           |            |
| auction                   |            |            |           |            |
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| Top admissible yield as   |   5,850    |   5,850    |   5,700   |   5,850    |
| specified by State        |            |            |           |            |
| Treasury (%)              |            |            |           |            |
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| Average volume-weighted   |     -      |     -      |     -     |  5,650 un  |
| and top bid yield in      |            |            |           |   5,650    |
| executed bids (%)         |            |            |           |            |
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