Announcement on the results of government debt securities primary placement auction

| Source: Nasdaq Riga Nasdaq Riga 

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| ISIN code of the    |   LV00005   |   LV00005   |   LV00005   |   LV00005    |
| security:           |    13224    |    23165    |    32406    |    41134     |
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| Date of competitive | 03.06.2009  | 03.06.2009  | 03.06.2009  |  03.06.2009  |
| multi-price         |             |             |             |              |
| auction:            |             |             |             |              |
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| Date of tap issues: | 04.06.2009  | 04.06.2009  | 04.06.2009  |  04.06.2009  |
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| Settlement date:    | 05.06.2009  | 05.06.2009  | 05.06.2009  |  05.06.2009  |
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| Maturity date:      | 03.07.2009  | 04.09.2009  | 04.12.2009  |  04.06.2010  |
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| Supply value for    | 20 000 000  | 10 000 000  | 10 000 000  |  10 000 000  |
| competitive         |             |             |             |              |
| multi-price auction |             |             |             |              |
| (LVL):              |             |             |             |              |
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| Total value bid at  |      0      |      0      |      0      |      0       |
| competitive         |             |             |             |              |
| multi-price auction |             |             |             |              |
| (LVL):              |             |             |             |              |
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| Total value placed  |      0      |      0      |      0      |      0       |
| via competitive     |             |             |             |              |
| multi-price auction |             |             |             |              |
| (LVL):              |             |             |             |              |
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| Number of           |      0      |      0      |      0      |      0       |
| participants at     |             |             |             |              |
| competitive         |             |             |             |              |
| multi-price         |             |             |             |              |
| auction:            |             |             |             |              |
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| Top admissible      |    10.35    |    12.00    |    12.25    |    12.50     |
| yield as specified  |             |             |             |              |
| by State Treasury:  |             |             |             |              |
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| Average             |      -      |      -      |      -      |      -       |
| volume-weighted and |             |             |             |              |
| top bid yield in    |             |             |             |              |
| executed bids (%):  |             |             |             |              |
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| Total value bid at  |  2 750 000  |      0      |      0      |      0       |
| tap issues (LVL):   |             |             |             |              |
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| Total value placed  |  2 750 000  |      0      |      0      |      0       |
| via tap issues      |             |             |             |              |
| (LVL):              |             |             |             |              |
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| Number of           |      1      |      0      |      0      |      0       |
| participants at tap |             |             |             |              |
| issues:             |             |             |             |              |
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