JSC “Akciju komercbanka “Baltikums””                            25.05.2005



JSC “Akciju komercbanka “Baltikums”” non-audited financial results as of 

April 30, 2005



Assets                            35 508 thous. LVL  (50 523 thous. EUR)

Loans                             15 315 thous. LVL  (21 791 thous. EUR)

Deposits                          13 213 thous. LVL  (18 801 thous. EUR)

Shareholders` equity               5 411 thous. LVL   (7 699 thous. EUR)

Assets under management              694 thous. LVL     (987 thous. EUR)





The exchange rate of the Bank of Latvia was 1 EUR=0.702804 LVL on April 30, 2005. 





Chairman of the Board

A.Reims