OREANDA-NEWS. June 11, 2009. According to the extraordinary shareholders` meeting decision “About the AS “Latvijas Krajbanka” stock capital increase”, adopted on 16.02.2009, and to the Financial and Capital Market Commission Council decision No. 51 “About the permission for the AS“Latvijas Krajbanka” to express the public offer of the shares”, adopted on 24.04.2009, the AS “Latvijas Krajbanka” (JSC) has issued and now distributes 5’000’000 ordinary bearer shares with voting right (hereinafter referred to as the “Shares”), reported the press-centre of Latvijas Krajbanka.

The nominal value of one Share is LVL 1(one lat). During the first stage of the subscription, which ended on June 5th 2009, no Shares were sold.

The second stage of the subscription will take place from June 11th 2009 until June 29th 2009 (inclusive). 5’000’000 (Five million) Shares will be offered for the subscription. According to the Issue prospectus, only those shareholders, who have participated in the first stage of the subscription and used their pre-emptive rights, are entitled to participate in second stage.

AS “Latvijas Krajbanka” will inform about the results of the second stage of the subscription on its website www.lkb.lv in accordance with the order stated in the Issue prospectus. 

* This is regulated information disclosed by the issuer AS “Latvijas Krajbanka”, reg. No. 40003098527, in accordance with the requirements of Article 54 and 642 of the Law on the Financial Instruments Market. This information is precise, true and exact, and it is prepared in accordance with the procedures existing in the AS “Latvijas Krajbanka”. The regulated information is brought out to the mass media in the form of full unaltered text, which was sent on 11.06.2009 at 8:59.

Subject:  The AS “Latvijas Krajbanka” (JSC) public offering of the  new issue shares.