Primary placement auctions of Latvian Government debt securities


In order to place Latvian Government Treasury debt securities competitive       
multi-price auctions will be run on RSE on September 3, 2008.                   
Non-competitive fixed rate auctions will be run on RSE on September 4, 2008; the
fixed rate set by State Treasury will be published on RSE webpage after the     
competitive auctions.                                                           

--------------------------------------------------------------------------------
|    ISIN     |  Order book  | Orderbook | Maturity  | Competiti | Non-competi |
|             |              | id.       |   date    |    ve     |    tive     |
|             |              |           |           |  auction  |   auction   |
|             |              |           |           |   Total   | Total value |
|             |              |           |           | value to  |    to be    |
|             |              |           |           | be placed |   placed    |
|             |              |           |           |   (LVL)   |    (LVL)    |
--------------------------------------------------------------------------------
| LV00005     | LVGA000009D  | 57335     | 06.02.200 | 8 000 000 | 2 000 000   |
| 32224       |              |           | 9         |           |             |
--------------------------------------------------------------------------------
| LV00005     | LVGA000009E  | 58121     | 04.09.200 | 8 000 000 | 2 000 000   |
| 40979       |              |           | 9         |           |             |
--------------------------------------------------------------------------------
| LV00005     | LVGA067513A  | 53465     | 14.03.201 | 12 000    | 3 000 000   |
| 70067       |              |           | 3         | 000       |             |
--------------------------------------------------------------------------------
| LV00005     | LVGA067519A  | 56649     | 04.07.201 | 12 000    | 3 000 000   |
| 90024       |              |           | 9         | 000       |             |
--------------------------------------------------------------------------------

The settlement date for both (competitive and non-competitive) auctions is on   
September 5, 2008.                                                              
The nominal value of one security is LVL 100.                                   

Riga Stock Exchange                                                             
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