Considering  that  Codan,  a  JSC  "Balta"  shareholder, as a result of

mandatory  share buy-back offer, has acquired 99.9% of public shares in

the  Company,  which  leaves  0.009%  shares on free float, JSC "Balta"

Management Board resolved to request the Riga Stock Exchange Management

Board to delist JSC "Balta" shares from the Official list.

JSC  "Balta"  Management  Board  resolution was approved by Supervisory

Board,  and resolved to hand it over for approval at the company annual

general meeting of shareholders. JSC "Balta" shares will remain public,

however, not listed.