About financing award


Referring to the information published on the newspaper “Dienas Bizness” home
page www.db.lv on December 15, JSC “Liepājas Metalurgs” (LM) informs that on
Tuesday, December 15 the European Commission (EC) confirmed the Latvian state
guarantee for LM compliance with EC rules. In the year 2009 LM is planning to
choose the financing bank and sign the necessary loan documentation to
implement the company`s modernization. 

Agrita Pakule
Assistant of the Chief
T.: 63455926, pakule@metalurgs.lv
GlobeNewswire