The BALTIX index is a capitalization-weighted chain-linked total return

index  that  is  to  be  launched  on  September 27, 2004. The index is

calculated  daily  using the most recent official closing prices of all

shares  listed on the Main Lists of the Riga, Tallinn and Vilnius stock

exchanges.  The  index  constituents  are  subject  to quarterly weight

limits   of   10%   of  the  compound  market  capitalization  and  the

weight-limits  are applied during quarterly rebalancing by reducing the

indexed share quantities.



According   to   BALTIX   calculation  methodology  the  indexed  share

quantities  are  determined  on a quarterly basis on March 15, June 15,

September  15 and December 15 and applied respectively on April 1, July

1, October 1 and January 1 each year.



Share quantities used for calculating BALTIX in Q4 2004 are as follows:



+-----+---------------------+--------+---------------+-------------+------------+-----------------+

|Code |    Company name     |Exchange|Actual quantity|Actual weight|    Quantity|Weight  in BALTIX|

|     |                     |        |15.09.2004     |   15.09.2004|   in BALTIX|      for Q4 2004|

|     |                     |        |               |             |for Q4 2004 |                 |

|HPA1T|Hansapank            |Tallinn |    317 368 436|       43.34%|  27 461 303|           10.00%|

|ETLAT|Eesti Telekom        |Tallinn |    137 954 528|       18.54%|  27 899 728|           10.00%|

|LTEL |Lietuvos Telekomas   |Vilnius |    814 912 760|        8.52%| 358 772 281|           10.00%|

|GZE1R|Latvijas Gāze        |  Riga  |     39 900 000|        6.88%|  21 764 247|           10.00%|

|VNF1R|Ventspils nafta      |  Riga  |    104 479 519|        3.97%|  98 776 196|           10.00%|

|SNAI |Snaigė               |Vilnius |     23 070 405|        2.50%|  23 070 405|            6.67%|

|MKO1T|Merko Ehitus         |Tallinn |      8 850 000|        2.44%|   8 850 000|            6.50%|

|LSC1R|Latvijas kuģniecība  |  Riga  |    200 000 000|        2.39%| 200 000 000|            6.39%|

|ROKS |Rokiškio sūris       |Vilnius |      4 746 270|        1.84%|   4 746 270|            4.90%|

|NRM1T|Norma                |Tallinn |     13 200 000|        1.58%|  13 200 000|            4.22%|

|PZVG |Pieno žvaigždės      |Vilnius |     54 030 451|        1.47%|  54 030 451|            3.91%|

|EKRA |Ekranas              |Vilnius |     34 898 088|        1.42%|  34 898 088|            3.79%|

|SAF1R|SAF Tehnika          |  Riga  |        990 060|        1.34%|     990 060|            3.59%|

|UTRI |Utenos trikotažas    |Vilnius |     19 834 442|        1.01%|  19 834 442|            2.69%|

|TKM1T|Tallinna Kaubamaja   |Tallinn |      6 788 200|        0.86%|   6 788 200|            2.30%|

|HAE1T|Harju Elekter        |Tallinn |      5 400 000|        0.74%|   5 400 000|            1.97%|

|VBK  |Vilniaus baldai      |Vilnius |      3 886 267|        0.56%|   3 886 267|            1.49%|

|VING |Vilniaus Vingis      |Vilnius |      9 123 105|        0.43%|   9 123 105|            1.14%|

|BLT1T|Baltika              |Tallinn |      5 587 450|        0.17%|   5 587 450|            0.46%|

+-----+---------------------+--------+---------------+-------------+------------+-----------------+







The  next  review  of  the  indexed share quantities will take place on

December 15, 2004.





For more information, please contact: 

Krista Grīntāle,

Riga Stock Exchange Corporate Communications Manager,  + 371 7212 431



ABOUT  OMX:  OMX owns and operates the largest securities market in the

Northern  Europe  and is a leading provider of marketplace services and

solutions  for  the  financial  and energy markets. OMX consists of two

divisions:  OMX  Exchanges  and  OMX Technology. OMX Exchanges owns and

operates  the stock exchanges in Stockholm, Helsinki, Tallinn, Riga and

Vilnius  as  well  as  the  central securities depositories in Finland,

Estonia  and  Latvia.  Through  OMX  Exchanges  OMX offers access to 80

percent of the Nordic and Baltic securities market.