Rigas stock exchange               		     21.09.2005.



Announcement on the results of government debt securities primary placement auction



ISIN code of the security: LV0000532117

Date of competitive multi-price auction: 21.09.2005

Settlement date: 23.09.2005

Maturity date: 24.03.2006

Supply value for competitive multi-price auction (LVL): 4,000,000

Total value bid at competitive multi-price auction (LVL): 9 300 000

Total value placed via competitive multi-price auction (LVL): 4 000 000

Number of participants at competitive multi-price auction : 4

Average volume-weighted and top bid yield in executed bids (%): 2.353 and 2.400

Top admissible yield as specified by State Treasury (%):2.400



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