SAF Tehnika listed on the RSE Official list and included in indexes

25.05.2004 RIG

The Riga Stock Exchange Management Board resolved on its meeting of May 25, 2004 to list JSC “SAF Tehnika” 990,060 bearer shares (nominal value LVL 1) on the RSE Official List starting with May 26, 2004.

Riga Stock Exchange Management Board, reviewing SAF Tehnika report of May 24, 2004 regarding compliance with listing criteria, confirmed that SAF Tehnika complies with each and all the listing requirements as stipulated by the RSE Management Board resolution of May 7, 2004 for listing SAF Tehnika on the RSE Official list, namely:

1) capitalisation of SAF Tehnika is at least 4,000,000 EUR equivalent in lats at the Bank of Latvia rate on the
date (24.05.2004) when the market organiser resolves on listing the shares on the Official list;
2) at least 25% of shares of the same category that SAF Tehnika intends to list on the RSE are on free float;
3) at least 10% of the issuer’s voting shares are on free float.

The Riga Stock Exchange Management Board resolved to include SAF Tehnika in the Riga Stock Exchange price index RICI and capitalisation index Dow Jones RSE composition starting with May 27, 2004.

Thus, starting with May 27, the same 12 Official and Second list companies will build both the indexes – Latvijas Gāze, Latvijas Kuģniecība, SAF Tehnika, Ventspils Nafta, Daugavpils PKR, Grindeks, Latvijas Balzams, Liepājas ML, Olainfarm, Rīgas Kuģu būvētava, Rīgas Transporta flote un Valmieras stikla šķiedra.

For more information, please contact:
Krista Grīntāle
Director of Corporate Communications Department
Riga Stock Exchange
Phone 371 7212431, 371 9238183