On Resolutions of the Extraordinary Meeting of Shareholders of JSC “GE Money Bank”

On 25 March 2009 at 12.00 an ordinary AS GE Money Bank shareholders'
extraordinary meeting was closed, all agenda items were reviewed during the
meeting and the following resolutions were made: 

On Increase of the share capital of the Bank

1.Increase the equity capital of the company by 2,5 million lats.
2.Approve the enclosed regulations on the equity capital increase.

On Election of Council members of the Bank

1.Recall the current members of the company council ahead of time - Xavier
Pascal Durand, Aleš Blažek, Alla Konnova Woodson, Richard L Neff, Helen Louise
Heslop. 

2.Elect the following members into the company's council:
- Xavier Pascal Durand (Chairman)
- Aleš Blažek (Deputy Chairman)
- Alla Konnova Woodson
- Richard L Neff
- Helen Louise Heslop
- Kelvin Jones

New member of Supervisory council doesn't own Bank's shares.

Brief professional experience of Kelvin Jones:
2010 - Present - Chief Risk Officer, Global Banking, Western Europe, Russia &
Latvia 
2008 - 2009 - Head of Risks Analytics & Reporting, Global Banking Headquarters
2007 - 2008 - Chief Risk Officer, GE Money, Central & Eastern Europe

On Amendments to the Articles of Association of the Bank and approval of the
new wording of the Articles of Association 
on the subject of increase of the share capital of the Bank, Re-election of the
composition of the council of the Bank, 15th April 2010 Law “Amendments to the
Commercial Law” (amendments in the joint stock company's board's and council's
authorization time period). 

1. By increasing equity capital of the company, to amend Article 3.1 of the
Articles of Association by expressing it as follows: 
“3.1. The equity capital of the company is 25 601 250.00 LVL (twenty five
million six hundred one thousand two hundred and fifty lats and 00 santims),
that is formed of LVL 512 025 (five hundred twelve thousand and twenty five)
shares. Nominal value of each share is 50.00 LVL (fifty lats and 00 santims).” 

2. Re-electing the composition of the council of the company and pursuant to
the stated in 15th April 2010 Law “Amendments to the Commercial Law”, to amend
Article 5.1 of the Articles of Association of the company, by expressing it in
the following wording: 
“5.1. The council of 6 (six) members is elected by the shareholders meeting for
a period of 5 (five) years.” 

3. Pursuant to the stated in 15th April 2010 Law “Amendments to the Commercial
Law”, to amend Article 6.1 of the Articles of Association of the company, by
expressing it in the following wording: 
“6.1. The board of 5 (five) members is elected by the council for a period of 5
(five) years.” 

Additional information:
Tija Ezerina
Head of Communication division
GE Money Bank Latvia
Ph: +371 67 024 704
Mob. ph.: +371 27876080
3, 13.Janvara street, Riga, LV-1050