Last update: 21.07.2024 15:08 (GMT+3)

NORDEA notes to be placed via the Riga Stock Exchange

15.04.2004, , RIG

Primary placement of "Nordea Bank Finland Plc." medium-term notes will
take place on the Riga Stock Exchange on April 27, 2004. Altogether 730
bearer notes will be offered at total value of LVL 7.3 million. The
nominal value of one note is LVL 10,000. The notes mature on September
20, 2004, and the coupon is 3.50% per year.

Primary placement of "Nordea Bank Finland Plc" notes will take place on
the Riga Stock Exchange automated trading system during the trading
session of April 27, pursuant to the placement procedure specified in
the issue prospectus. Pursuant to the provisions of the prospectus, the
price will be set during the auction; the issuer shall set the bottom
selling price. Any investor may participate at the primary placement
auction by submitting the bids to banks or brokerage companies licensed
for public trading and custody services.

April 29, 2004 is the settlement date for the notes purchased at the
auction.

Pursuant to the RSE Management Board resolution, the"Nordea Bank
Finland Plc." (represented by "Nordea Bank Finland Plc Latvia branch)
notes placed via the auction on April 27 will be listed on the RSE
Official debt securites list on May 5, 2004.

Total value of the notes issue is LVL 2,700,000. 270 notes of the same
issue are already listed and quoted on the RSE Official debt securities
list since March 25, 2004.

Addition information
Krista Grīntāle
Director of Coroprate Communications Department
Riga Stock Exchange
Phone: 371 7212431

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