JSC  "Pirma  Latvijas  Komercbanka"  informs  that  on  April  18, 2001

Enterprise  Register  of  Latvia  has  registered  JSC  "Pirma Latvijas

Komercbanka"  amendments to companys charter on increase of banks share

capital in 10th closed share issue.

Based  on  above mentioned JSC "Pirma Latvijas Komercnbanka" Management

Board  meeting  on  April 18, 2001 decided to begin subscription on JSC

"Pirma  Latvijas  Komercbanka"  10th  closed share issue. In compliance

with   JSC   "Pirma  Latvijas  Komercbanka"  10th  closed  share  issue

Regulations  (  confirmed  on shareholders general meeting on March 29,

2001) subscription will end on May 19, 2001.