Announcement on the results of government debt securities primary placement


--------------------------------------------------------------------------------
| ISIN code of the security:       |    LV00005 13265    |    LV00005 23199    |
--------------------------------------------------------------------------------
| Date of competitive multi-price  |     15.07.2009      |     15.07.2009      |
| auction:                         |                     |                     |
--------------------------------------------------------------------------------
| Date of tap issues:              |     16.07.2009      |     16.07.2009      |
--------------------------------------------------------------------------------
| Settlement date:                 |     17.07.2009      |     17.07.2009      |
--------------------------------------------------------------------------------
| Maturity date:                   |     14.08.2009      |     16.10.2009      |
--------------------------------------------------------------------------------
| Supply value for competitive     |     20 000 000      |      5 000 000      |
| multi-price auction (LVL):       |                     |                     |
--------------------------------------------------------------------------------
| Total value bid at competitive   |     22 500 000      |      8 800 000      |
| multi-price auction (LVL):       |                     |                     |
--------------------------------------------------------------------------------
| Total value placed via           |     20 000 000      |      5 000 000      |
| competitive multi-price auction  |                     |                     |
| (LVL):                           |                     |                     |
--------------------------------------------------------------------------------
| Number of participants at        |          2          |          2          |
| competitive multi-price auction: |                     |                     |
--------------------------------------------------------------------------------
| Top admissible yield as          |        9.00         |        10.50        |
| specified by State Treasury:     |                     |                     |
--------------------------------------------------------------------------------
| Average volume-weighted and top  |  9.00 % un 9.00 %   | 10.50 % un 10.50 %  |
| bid yield in executed bids (%):  |                     |                     |
--------------------------------------------------------------------------------
| Total value bid at tap issues    |     27 175 000      |      4 750 000      |
| (LVL):                           |                     |                     |
--------------------------------------------------------------------------------
| Total value placed via tap       |     27 175 000      |      4 750 000      |
| issues (LVL):                    |                     |                     |
--------------------------------------------------------------------------------
| Number of participants at tap    |          4          |          2          |
| issues:                          |                     |                     |
--------------------------------------------------------------------------------


NASDAQ OMX Riga                                                                 
Market services                                                                 
+371 67 212 431