Reduced remuneration for fund management


On 19.02.2008. the Council of IPAS “AB.LV Asset Management” approved changes in
remuneration payments of the open-end fund "AB.LV Emerging Markets Bond Fund”. 

In view of the above-mentioned as of 03.03.2008. IPAS “AB.LV Asset Management”
reduces remuneration for fund management by 0.5% from 1.5% to 1% for the
subfunds "AB.LV Emerging Markets USD Bond Fund" and "AB.LV Emerging Markets EUR
Bond Fund". Benefits are mutual: the total fund's expenses diminish and the
yield of the fund's investors increase. 

You can obtain more information about funds managed by IPAS “AB.LV Asset
Management” on http://ru.ab.lv/en/services/asset-managment/funds/ or from
specialists of IPAS “AB.LV Asset Management”: 

- Vadims Burcevs, Head of Sales and Customer Servicing Department, tel. + 371
67 00 27 72; 
- Aleksandra Savlova, Customer Servicing Manager of Sales and Customer
Servicing Department, tel. + 371 67 00 27 78.