Today  the  auction of state-owned shares in "Latvijas Gāze" was run at

the  Riga  Stock  Exchange.  Altogether, 1,196,908 share were sold at a

price  LVL  10.85  per  shares. The number of privatisation vouchers to

purchase  the  said  shares  amounted to 463,781.64. The number of bids

participation  in  the auction was 9934, and the number of willing bids

was  9647. All bidders who had specified a price of LVL 10.85 or higher

will be allocated shares within the quota (not more than 200).



Aivars  Slokenbergs, Vice President, Riga Stock Exchange: "Judging from

the  large  number  of bids, the interest in buying "Latvijas Gāze" was

high  due  several  reasons: good financial performance of the company,

regular dividend payments, the share price at the stock exchange is one

of  the  highest  among  listed  companies,  and the promotion campaign

implemented by Privatisation Agency".



The auction results still have to be approved by Privatisation Agency.