The results of the first stage of the subscription to the AS “Latvijas Krājbanka” (JSC) newly issued ordinary shares

INFORMATION FOR THE SHAREHOLDERS
The results of the first stage of the subscription to the AS “Latvijas
Krājbanka” (JSC) newly issued ordinary shares 

According to the extraordinary shareholders` meeting decision “About the AS
“Latvijas Krājbanka” stock capital increase”, adopted on 24.10.2008, and to the
Financial and Capital Market Commission Council decision No. 159 “About the
permission for the JSC “Latvijas Krājbanka” to utter the public offer of the
shares”, adopted on 7.11.2008, the joint-stock company “Latvijas Krājbanka” has
issued and now performs distribution of 5'000'000 ordinary bearer shares with
voting right (hereinafter referred to as the “Shares”). The nominal value of
the Share is LVL 1(one lat). 
During the first stage of the subscription, which ended on December 17th 2008, 
10 Shares were subscribed to and fully paid. There were 4'999'990 non-placed
Shares.	 
The second stage of the subscription will take place on December 18th from
10:00 o'clock until 17:00 o'clock. 4'999'990 (Four million nine hundred ninety
nine thousand nine hundred ninety) Shares will be offered for the subscription.
Only those Shareholders, who have participated in the first stage of the
subscription and used their pre-emptive rights, are entitled to participate in
second stage. 
The AS “Latvijas Krājbanka” (JSC) will inform about the results of the second
stage of the subscription on its website www.lkb.lv in accordance with the
order stated in the Issue prospectus. 


Kristīne Ozolniece
AS “Latvijas Krājbanka”
The specialist of public relations
Phone: 67068031
Mobile: 25912461
E-mail: kristine.ozolniece@lkb.lv