On  March  6, 2003 JSC "Pirmā banka" Management Board resolved to move

at  the  AGM  of shareholders, to be held on March 27, that dividend of

LVL  0.06  per  share  be paid, totalling to LVL 1,209,653.76. Dividend

record  date  is  April 22, 2003 and dividend payment date is April 29,

2003.

Over  the past year the Bank loan portfolio increased by 80% (to LVL 88

million),  deposits  have  increased by 60% (to LVL 63 million), assets

have  increased by 50% (to LVL 143 million), and profits have increased

more than fourfold ( the Bank has earned LVL 1.34 million).