OREANDA-NEWS. June 22, 2010. According to the ordinary shareholders` meeting decision “About the AS “Latvijas Krajbanka” stock capital increase”, adopted on 26.03.2010, and to the Financial and Capital Market Commission Council decision No. 130 “About the permission for the AS“Latvijas Krajbanka” to express the public offer of the shares”, adopted on 07.05.2010, the AS “Latvijas Krajbanka” (JSC) has issued and now distributes 6’500’000 ordinary bearer shares with voting right (hereinafter referred to as the “Shares”). The nominal value of one Share is LVL 1(one lat). During the first stage of the subscription, which ended on 14 June 2010, 48 Shares were sold, reported the press-centre of Latvijas Krajbanka.

The second stage of the subscription will take place from 16 June 2010 until 18 June 2010 (inclusive). The number of the Shares offered for the subscription: 6’499’952 (six million four hundred ninety-nine thousand nine hundred fifty-two).

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 the beginning and the end date of the third stage, as well as on the offered amount of the Shares on its website www.lkb.lv in accordance with the procedure stipulated in the Issue prospectus.