Regarding Purchase and Sale of Blocks of Shares of Investment Management Companies


JSC Akciju komercbanka Baltikums (Latvia) has closed deals with Invalda AB
(Lithuania) regarding acquisition of 100% shares of IPS Finasta Asset
Management (investment management company registered in the Latvia) and
regarding sale to Invalda AB 100% shares of IPAS Baltikums Asset Management
(investment management company registered in the Republic of Latvia). 

Management of investment funds of IPAS Finasta Asset Management has transferred
to IPAS Baltikums Asset Management, which already manages 3 investment and 2
pension funds. 


Uldis Zandars
JSC Akciju komercbanka Baltikums
Deputy of Head of the Product Development and Marketing Department
Tel.: +371 67704672, +371 29206536
E-mail: uldis.zandars@bank.baltikums.com