Riga stock exchange					                 14.12.2005.



Announcement on the results of government debt securities primary placement auction



ISIN code of the security: LV0000540870

Date of competitive multi-price auction: 14.12.2005

Settlement date: 16.12.2005

Maturity date: 15.12.2006

Supply value for competitive multi-price auction (LVL): 8 000 000

Total value bid at competitive multi-price auction (LVL): 13 911 000

Total value placed via competitive multi-price auction (LVL): 8 000 000

Number of participants at competitive multi-price auction: 5

Average volume-weighted and top bid yield in executed bids (%): 2.681 and 2.690

Top admissible yield as specified by State Treasury (%): 2.700



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