The Board of AS “Latvijas Krājbanka” has decided to establish the limited liability company “LKB Drošība” obtaining 100% shares of the capital of the newly established company. The stock capital of "LKB Drošība" will comprise LVL 10 000; it will be situated in Riga, 2 Jēkaba Street. After registration in the commercial register of the Company register of the Republic of Latvia, and reception of all the necessary permissions and licences, the company will provide collection services. This is regulated information disclosed by the issuer AS “Latvijas Krājbanka”, reg. No. 40003098527, in accordance with the requirements of Article 59 and 64.2 of the Law on the Financial Instruments Market. This information about the essential event of the issuer is precise, true and exact, and it is prepared in accordance with the procedures existing in the AS “Latvijas Krājbanka”. The regulated information is brought out to the mass media in the form of full unaltered text, which was sent to ORICGS on 02.07.2008 at 17:01. Subject: Acquisition of the essential share of the capital of “LKB Drošība” Ltd. Lauris Kupčs AS "Latvijas Krājbanka" Public relations officer telephone 67068031 Lauris.Kupcs@lkb.lv