Coupon Rate on JSC Akciju komercbanka Baltikums Notes (For the Sixth Coupon Period)

| Source: Akciju komercbanka "Baltikums" Akciju komercbanka "Baltikums" 

JSC Akciju komercbanka Baltikums set the coupon rate for the fifth coupon
period (from May 2, 2008 till August 01, 2008) at 7.857% p.a. JSC Akciju
komercbanka Baltikums credit linked notes code is ISIN LV0000800407. 
According to the terms of the issue, the coupon rate is set for each interest
calculation period. The coupon rate is based on 3 months EURIBOR rate, which is
fixed on the coupon rate determination date, plus 3% p.a. According to Bank of
Latvia, 3 month EURIBOR rate on 29 April 2008 was 4.857% p.a. 

Uldis Zandars
JSC Akciju komercbanka Baltikums
Deputy of Head of the Product Development and Marketing Department
Tel.: +371 67031408, +371 29206536
E-mail: uldis.zandars@bank.baltikums.com