Announcement on the results of government debt securities primary placement auction


--------------------------------------------------------------------------------
| ISIN code of the security:       |    LV00005 13240    |    LV00005 23173    |
--------------------------------------------------------------------------------
| Date of competitive multi-price  |     01.07.2009      |     01.07.2009      |
| auction:                         |                     |                     |
--------------------------------------------------------------------------------
| Date of tap issues:              |     02.07.2009      |     02.07.2009      |
--------------------------------------------------------------------------------
| Settlement date:                 |     03.07.2009      |     03.07.2009      |
--------------------------------------------------------------------------------
| Maturity date:                   |     31.07.2009      |     02.10.2009      |
--------------------------------------------------------------------------------
| Supply value for competitive     |     22 000 000      |      8 000 000      |
| multi-price auction (LVL):       |                     |                     |
--------------------------------------------------------------------------------
| Total value bid at competitive   |     23 000 000      |     12 400 000      |
| multi-price auction (LVL):       |                     |                     |
--------------------------------------------------------------------------------
| Total value placed via           |     22 000 000      |      8 000 000      |
| competitive multi-price auction  |                     |                     |
| (LVL):                           |                     |                     |
--------------------------------------------------------------------------------
| Number of participants at        |          2          |          2          |
| competitive multi-price auction: |                     |                     |
--------------------------------------------------------------------------------
| Top admissible yield as          |        12.00        |        12.50        |
| specified by State Treasury:     |                     |                     |
--------------------------------------------------------------------------------
| Average volume-weighted and top  | 11.909 % and 12.000 | 12.500 % and 12.500 |
| bid yield in executed bids (%):  |          %          |          %          |
--------------------------------------------------------------------------------
| Total value bid at tap issues    |     21 155 000      |      4 905 500      |
| (LVL):                           |                     |                     |
--------------------------------------------------------------------------------
| Total value placed via tap       |     21 155 000      |      4 905 500      |
| issues (LVL):                    |                     |                     |
--------------------------------------------------------------------------------
| Number of participants at tap    |          4          |          3          |
| issues:                          |                     |                     |
--------------------------------------------------------------------------------



NASDAQ OMX Riga                                                                 
Market services                                                                 
+371 67 212 431