RSE  has resolved to extend the term when the 15% price spread limit is

lift for Free List shares, till September 1, 2004.

Initially  the  price  spread  limit  for  Free  list shares, traded on

continuous  market  at  variable  prices,  was lift from January 1 till

March  31,  2004.  The decision was taken on the basis that for some of

the  Free  list  shares the price often is a few santims; consequently,

the  lifting  of the price spread limit allows the buyer and the seller

to agree on a mutually agreeable price in a shorter time.



Krista Grīntāle

Director of Corporate Communications Department

Riga Stock Exchange

Phone 7212431