Riga Stock Exchange Management Board resolved to list JSC "SAF Tehnika"

bearer  shares  (nominal value LVL 1) on the RSE Official list starting

with  May 26, 2004, on the condition that as of May 24, 2004 the issuer

meets the below listed requirements:



1)      capitalisation  is at least 4,000,000 EUR equivalent in lats at

the Bank of Latvia rate on the date

         (24.05.2004) when the market organiser resolves on listing the

shares on the Official list;



2)      at  least  25%  of  shares of the same category that the issuer

intends to list on the RSE are on free float;



3)     at least 10% of the issuer's voting shares are on free float.



The  issuing  prospectus  was registered with the Financial and Capital

Market Commission on April 30, 2004.



For more information, please contact:

Krista Grintale

Corporate Communications Director

Riga Stock Exchange

Phone: +371 7212431



Riga Stock Exchange is part of OMHEX Group. OMHEX is a leading provider

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Stockholmsbörsen,  HEX  Helsinki,  HEX  Tallinn  and  HEX  Riga,  OMHEX

operates   northern  Europe's  largest  securities  market  and  offers

investors  access  to  80%  of  the Nordic and 75% of the Baltic equity

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Latvia are also part of OMHEX.