The  RSE  Management Board extends the cancellation of 15% price spread

limit for Free list shares till December 31, 2004.



Initially  the 15% price spread limit was cancelled from January 1 till

April  1,  then  extended  till September 1, and now this is a repeated

extension.



This  resolution  has  been passed in order to enhance the liquidity of

Free  list.  Many  of  Free  list companies do not have sufficient free

float,  which  has  an  adverse  effect  on liquidity. Lifting of price

spread limits will make it possible for buyers and sellers to arrive at

a mutually acceptable price within a shorter time.



For more information, please contact:

Krista Grintale

Corporate Communications Director

Riga Stock Exchange

Phone: +371 7212431