The results of the stage one and the stage two of the subscription to the JSC “Latvijas Krājbanka” ordinary shares

The results of the stage one and the stage two of the subscription to the JSC
“Latvijas Krājbanka” ordinary shares 

The stage two of the subscription to the JSC “Latvijas Krājbanka” newly emitted
ordinary shares ended on December 6th 2007. The total amount of the emitted
shares is 2`240`000. During the stage one and the stage two of the subscription
1'707'948 were subscribed and fully paid, which comprise 76% of all the emitted
shares, including: 

Number of the shares signed during the stage one:	1'707'948 
Number of the shares signed during the stage two:	0 

There are 532'052 non-placed shares.

The stage three of the subscription will take place on December 12th 2007 from
10:00 o'clock until 17:00 o'clock. 532'052 (five hundred thirty two thousand
fifty-two) ordinary shares will be offered for the subscription. 

Any investor is entitled to participate in stage three and subscribe to all
offered shares. 

The JSC “Latvijas Krājbanka” will inform about the results of the stage three
of the subscription and about the results of the whole public offer on its
website www.lkb.lv not later than by December 18th 2007.