Primary placement of Latvian Mordgage bank discount notes


Riga Stock Exchange (the Exchange) hereby informs that the following VAS        
„Latvijas Hipoteku un zemes banka” (LHZB) fixed price auctions will be held in  
the trading system SAXESS on June 13, 2007:                                     

1)	PC01AO series discount notes - orderbook's shortname in SAXESS is LMBA000008A
(submarket: RSE FI New Issue);                                                  
2)	PC01CB series discount notes - orderbook's shortname in SAXESS is LMBA000008B
(submarket: RSE FI New Issue).                                                  

The final conditions of the offer of P01AO and P01CB series discount notes can  
be found on the website of LHZB http://www.hipo.lv and in the announcement that 
was published on the website of the Exchange www.lv.omxgroup.com on June 6, 2007
at 3:27 pm.                                                                     
It will be possible to enter bid orders into the trading system on the auction  
date from 10 am till 1 pm (EET). Only member's own orders will be visible during
the auction.
GlobeNewswire