Audited Annual Reports for 2007 of IPAS “AB.LV Asset Management” Funds

Please find attached the audited annual reports for 2007 of open-end investment
funds under the management IPAS “AB.LV Asset Management”: 

AIF “AB.LV Emerging Markets USD Bond Fund”
AIF “AB.LV Emerging Markets EUR Bond Fund”
AIF “AB.LV Global USD ETF Fund”
AIF “AB.LV Global EUR ETF Fund”
AIF “AB.LV High Yield CIS Bond Fund” 

You can obtain more information about funds managed by IPAS “AB.LV Asset
Management” on http://ru.ab.lv/en/services/asset-managment/funds/ or from
specialists of IPAS “AB.LV Asset Management”: 

- Vadims Burcevs, Head of Sales and Customer Servicing Department, tel. + 371
67 00 27 72; 
- Aleksandra Savlova, Customer Servicing Manager of Sales and Customer
Servicing Department, tel. + 371 67 00 27 78.