Concerning information in mass media


Regarding information announced in mass media on 15th September, 2011. We hereby announce, that AB bank SNORAS (Bank) hasn’t made any decisions to acquire airBaltic shares, Bank is not participating in any negotiations on acquiring airBaltic shares and is  not going to become airBaltic shareholder.

All statements that „Baltijas Aviacijas sistemas“ is only Bank‘s „cover“ are misleading and not realistic.

We also want to draw attention of investors to the fact that the Bank notifies about all decisions, related to acquisition or transfer of companies shares, under the order established by the laws.

         Valdemar Griškevič
         Deputy director of
         financial brokerage department
         tel. +370 5 232 7223