06/01/2012 13:33:51

Primary placement auctions of Latvian Government debt securities

Riga, Latvia, 2012-01-06 14:33 CET (GLOBE NEWSWIRE) --

In order to place Latvian Government Treasury short term debt securities

competitive multi-price auctions will be run on NASDAQ OMX Riga on January 11,

2012.

Non-competitive fixed rate auctions will be run on NASDAQ OMX Riga on January

12, 2012; the fixed rate set by State Treasury will be published on NASDAQ OMX

Riga webpage after the competitive auctions.

Latvian Government short term debt securities:

ISIN Order Maturity Competitive auction Non-competitive

book date Total value to be auction

placed (LVL) Total value to be

placed (LVL)

--------------------------------------------------------------------------------

LV00005 LVGA00001 13.07.2012. 8 000 000 2 000 000

32950 2S

--------------------------------------------------------------------------------

The settlement date for both (competitive and non-competitive) auctions is on

January 13, 2012.

The nominal value of one security is LVL 100.

Latvian Government debt securities auctions under The Treasury of the Republic

of Latvia are organized by NASDAQ OMX Riga. Settlement is provided by Latvian

Central Depository. From 2005 by the end of 2011 the total volume of Latvian

Government debt securities sold at NASDAQ OMX Riga auctions amounted EUR 4.0

billion.

NASDAQ OMX Riga

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