Announcement on the results of government debt securities primary placement auction

| Source: Nasdaq Riga Nasdaq Riga 

ISIN code of the security: LV0000532174                                         
Date of competitive multi-price auction: 16.05.2007                             
Settlement date: 18.02.2007                                                     
Maturity date: 16.11.2007                                                       
Supply value for competitive multi-price auction (LVL): 4,000,000               
Total value bid at competitive multi-price auction (LVL): 6 812 500             
Total value placed via competitive multi-price auction (LVL): 0                 
Number of participants at competitive multi-price auction: 4                    
Average volume-weighted and top bid yield in executed bids (%): -               
Top admissible yield as specified by State Treasury (%): 5.500                  

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