Riga Stock Exchange                                                       25.08.2005



Announcement on the results of government debt securities primary placement auctions 



ISIN code of the security: LV0000540854

Date of competitive multi-price auction: 24.08.2005

Date of non-competitive auction: 25.08.2005

Settlement date: 26.08.2005

Maturity date: 25.08.2006

Supply value for competitive multi-price auction (LVL): 8,000,000

Total value bid at competitive multi-price auction (LVL): 21,800,000

Total value placed via competitive multi-price auction (LVL): 4,650,000

Number of participants at competitive multi-price auction: 5

Average volume-weighted and highest bid yield in executed bids (%): 2.375 and 2.400

Highest admissible yield as specified by State Treasury (%): 2.400



Supply value for non-competitive auction (LVL): 2,000,000

Total value bid at non-competitive auction (LVL): 4,360,000

Total value placed via non-competitive auction (LVL): 2,000,000

Number of participants at non-competitive auction: 3