JSC "Latvijas Unibanka" in the first four months of 1999 earned LVL 4.8

million

.  The  result was achieved primarily due to strong net interest income

and net commission and fee income associated with lending activity.

In  April the deposits increased by LVL 14.7 million (9.2%) which was a

sign  of  returning  trust  of  customers  in  Unibanka and the Latvian

banking  sector  in general. Total deposits were LVL175.7 million as at

30  April 1999. On 10 May the bank launched a marketing campaign on its

Simple  Deposit  product,  providing an opportunity for the clients who

had  lost faith in the Latvian banking sector to return on particularly

good terms. The deposit program will be valid until 30

June,  and  will help Unibanka confirm its commitment to retail banking

and develop confidence of private persons in the Bank.

JSC  "Latvijas  Unibanka"  loan  portfolio  and  assets  did not change

materially in April and were LVL174.8 million and LVL 303 million as at

30 April respectively.