Announcement on the results of government debt securities primary placement auction

| Source: Nasdaq Riga Nasdaq Riga 

ISIN code of the security: LV0000550085
Date of competitive multi-price auction: 28.03.2007
Settlement date: 30.03.2007
Maturity date: 30.03.2009
Supply value for competitive multi-price auction (LVL): 12 000,000
Total value bid at competitive multi-price auction (LVL): 4 395 000
Total value placed via competitive multi-price auction (LVL): 145 000
Number of participants at competitive multi-price auction: 3
Average volume-weighted and top bid yield in executed bids (%): 5.959 and 6.000
Top admissible yield as specified by State Treasury (%): 6.000
Fixed coupon rate (%): 5.875

Date of non-competitive fixed rate auction: 29.03.2007
Supply value for non-competitive auction (LVL): 3 000 000
Total value bid at non-competitive auction (LVL): 300 000
Total value placed via non-competitive auction (LVL): 300 000
Number of participants at non-competitive auction: 2 

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