On changes in the Board of AS GE Money Bank


At the meeting on August 4, 2008, the Council of AS "GE Money Bank" decided: 
1) not to prolong Board member, Asym Yuzbasioglu,  authority from August 31,
2008; 
2 )elect Windy Oliver and Leonids Rudermans as members to the Board from
September 1, 2008. 

Chairman of the  Board, Ieva Racenaja, and Board members, Dmitry Tsymber and
Inga Vagele, will continue work in the Board of the bank. 

The new members of the Board do not hold any shares.

Short description of professional experience of the new Board members over the
three previous years: 

Windy Oliver
2004 - 2008. General Electric Money Stamford, Vice President of Risk Management.
Leonids Rudermans
1999 - 2007  - Parex bank, Head of Trading,
2007 - 2008 - Parex bank, Managing Director- Capital Markets and Investment
Banking. 

Vija Kergalve
PR assistant, GE Money Latvia,
Ph. +371 67110 214,Mob. +371 29116174
8b, G.Astras Str., Riga, LV-1082