Riga Stock Exchange                                                             16.12.2004



All JSC “Latvijas Krājbanka” state-owned shares sold



On December 16, 2004 On December 16, 2004, during the daily trading session on the Riga Stock 

Exchange, 66,028 state-owned JSC “Latvijas Krājbanka” shares (nominal value LVL) were sold. The 

price was LVL 2.10. The method was hidden orders and according to multiple price principle.



Privatization Agency is the seller on behalf of the state. The shares are sold in compliance with 

"Latvijas Krājbanka" Privatization Rules, Phase 2, stipulating that shares not bought by the 

employees and pensioners, and the privatization reserve, shall be sold for cash on the Riga 

Stock Exchange not later than 90 days subsequent to the listing on the market. 



"Latvijas Krājbanka" is listed on the RSE Free List. 



For more information, please contact:

Krista Grīntāle

Corporate Communications Director

Riga Stock Exchange

Phone: +371 7212431