AS "Latvijas Krājbanka" Statement on the Public Offering of the New Issue Shares

AS “LATVIJAS KRĀJBANKA”
(reg. No. 40003098527, legal address: 15 Jāņa Daliņa Street, Riga, LV-1013)
STATEMENT ON THE PUBLIC OFFERING OF THE NEW ISSUE SHARES  

The joint-stock company "Latvijas Krājbanka" (hereinafter referred to as
Krājbanka) informs that according to the decision "About the AS “Latvijas
Krājbanka” stock capital increase" adopted at the extraordinary meeting of the
shareholders on 7.09.2009, Krājbanka commences the public offering of 6'175'000
(six million one hundred seventy-five thousand) new issue ordinary bearer
shares at nominal value LVL 1 (one lat), category - with right of receiving
dividends, receiving liquidation quota and with voting right at the meeting of
shareholders (hereinafter referred to as the Shares). Sales price of one Share
is LVL 1.50. 

Subscription to the Shares starts on September 29, 2009 at 10:00 o'clock and
will proceed in three stages. During the first stage those shareholders of
Krājbanka, who, in accordance with the list of the shareholders, prepared by
the joint-stock company “Latvian Central Depository” as of September 22, 2009
(by the end of the day), will be defined as the owners of the ordinary and/or
preference shares of Krājbanka (hereinafter referred to also as - the
Shareholders), will be entitled to subscribe to the Share, during the second
stage - those Shareholders, who have participated in the first stage and used
their pre-emptive right, but during the third stage - also other investors in
accordance with the procedure set in the Issue prospectus of the joint-stock
company "Latvijas Krājbanka" (hereinafter referred to also as the Prospectus). 
During the first subscription stage, which will proceed from September 29, 2009
until October 28, 2009 (including), the Shareholders of Krājbanka can use their
pre-emptive right to subscribe to the Shares proportionally to the number of
ordinary and preference shares possessed by each Shareholder as of September
22, 2009 (by the end of the day). 
It is possible to review the Prospectus and receive it free of charge every
working day from 9.00 until 17.00 at the client service centre of the
Krājbanka, located at 15 Daliņa Street in Riga, after previous application by
the phone +371 67092078. The full text of the Prospectus is available on the
website of the Financial and Capital Market Commission http://www.fktk.lv/ and
on Krājbanka website http://www.lkb.lv/. 
The information on the subscription is available by the phone +371 67092827
during working days from 10:00 until 17:00. 
The subscription to the Shares will take place in the following client service
centres of Krājbanka (during working days of those client services centres from
10:00 until 17:00, except for Saturdays and Sundays)): 
Jāņa Daliņa Street 15, Riga, LV-1013; Jēkaba Street 2, Riga, LV-1954; Brīvības
Street 40, Riga, LV-1050; Maskavas Sreet 243, Riga, LV-1019; Dzelzavas Street
55, Riga, LV-1084; Dzirciema Street 27, Riga, LV-1083; Mārupes Street 3, Riga,
LV-1002; Bērzu Street 10a, Aizkraukle, LV-5101; Lenču Street 1, Cesis, LV-4100;
Parādes Street 17,  Daugavpils, LV-5400; Rīgas Street 65, Gulbene, LV-4400;
Raiņa Street 6, Madona, LV-4801; Lielā Street 5/7, Jelgava, LV-3001; Uzvaras
Street 5, Dobele, LV-3701; Liepājas Street 44, Kuldiga, LV-3301; Lielā Street
12, Liepaja, LV-3401; Atbrīvošanas avenue 91, Rezekne, LV-4600; Rīgas Street
27, Valmiera, LV-4200; Kuldigas Street 51, Ventspils, LV-3615; Kareivju Street
8, Talsi, LV-3201; Draudzības avenue 2, Jekabpils, LV-5201. 

The information on the second and third subscription stage will be published on
Krājbanka website http://www.lkb.lv/ in accordance with procedure set in the
Prospectus. 




Kristīne Ozolniece
AS “Latvijas Krājbanka”
The expert of public relations
Phone: 67068031
Mobile: 25912461
E-mail: kristine.ozolniece@lkb.lv