On changes in the Council of the JSC “Latvijas Krājbanka”


The Shareholders of the JSC “Latvijas Krājbanka” elected MICHAEL CHARTRES OBE
FCA as the member of the Council of the Bank. 

The new member of the Council does not hold any shares.

Short description of the professional experience of MICHAEL CHARTRES OBE FCA
over three recent years 

1978 - To date	Partner Cooper Adamson & Co and it successor firms
2002 - 2005 	Senior Partner
Currently Partner CLB Lettlejohn Frazer and CLB Corporate Finance LLP

Originally an audit partner now specialising in Corporate Finance, Corporate
Advice and International Taxation. 

Founded corporate finance activity in the firm in 1985.

Have led teams assisting the flotation of many companies on to the London Stock
Exchange and its subsidiary market. 

Advised on Management Buy Outs, company acquisition and company sales.

Founder member of the Association of Practising Accountants.

PUBLIC SERVICE - London (South West) Valuation Tribunal - Member 1970 to date,
since 1988 a chairman. 


The Shareholders of the JSC “Latvijas Krājbanka” elected Žoržas Šarafanovičius
the member of the Council of the Bank. 

The new member of the Council does not hold any shares.

Short description of the professional experience of Žoržas Šarafanovičius over
three recent years 

2006 october until now	Bank SNORASPosition: Member of the board
2006-07-11 until now	JSC A. Sabonis' Žalgiris' basketball center
                           Position:Member of the board  
2005-02-01until now	Bank SNORAS Position: Head of Retail banking
1999-06-16 - 2005-01-30 	Join-stock company “SNORO lizingas” Type of company: 
                            Bank  SNORAS satellite leasing company 
                            Position: General ManagerResponsibilities: 
                            Company establishment; GM responsibilities; 
                            Business and sales administration; 
                            new products development