Announcement on the results of government debt securities primary placement auctions


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| ISIN code of the security              |  LV00005 13265  |   LV00005 23199   |
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| Date of competitive multi-price        |   15.07.2009    |    15.07.2009     |
| auction                                |                 |                   |
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| Settlement date                        |   17.07.2009    |    17.07.2009     |
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| Maturity date                          |   14.08.2009    |    16.10.2009     |
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| Supply value for competitive           |   20 000 000    |     5 000 000     |
| multi-price auction (LVL)              |                 |                   |
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| Total value bid at competitive         |   22 500 000    |     8 800 000     |
| multi-price auction (LVL)              |                 |                   |
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| Total value placed via competitive     |   20 000 000    |     5 000 000     |
| multi-price auction (LVL)              |                 |                   |
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| Number of participants at competitive  |        2        |         2         |
| multi-price auction                    |                 |                   |
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| Top admissible yield as specified by   |      9.00       |       10.50       |
| State Treasury (%)                     |                 |                   |
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| Average volume-weighted and top bid    | 9.00 % un 9.00  | 10.50 % un 10.50  |
| yield in executed bids (%)             |        %        |         %         |
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