The  total  sales of Riga Stock Exchange and Latvian Central Depository

in H1 2004 was LVL 663 thousand, up 28% from the same period last year.

The  shareholders'  equity stood at LVL 1.351 million at the end of the

period.  The consolidated net profit for six months of 2004 totalled to

LVL 0.27 million. The results are consolidated and non-audited.



The  increasing  trading  activity  at  the  Riga  Stock  Exchange; the

increase  of  the  value  of  securities; listing of a new issuer - SAF

Tehnika on the RSE; listing of new investment funds and introduction of

fund trading; the increase in the number of State Funded Pension system

participants  were the key elements dictating the growth of performance

indicators  in  both  companies.   On  the other hand, the accomplished

consolidation  of the stock exchange and depository into a single group

providing  full  range  of  services  to  the clients allowed to cut on

costs,  to  offer  new and more efficient services to the clients, and,

what  is  essential,  to offer new services to the customers at notably

lower costs, starting already with September.



"We  are  satisfied  with  our performance during the first half of the

year,  though  we are fully aware that most of the costs are planned in

the  second  half of the year, when migration to the new trading system

has  to  be finalised: this will bring certain adjustments to the group

financial  results",  says  Guntars Kokorevičs, the Riga Stock Exchange

President.



"Introduction of a single Baltic List in September, with the purpose to

facilitate  the access to the Baltic securities for investors, together

with  implementation of SAXESS trading platform, are the top priorities

for  the Riga Stock Exchange this year. This will also create a uniform

environment  for  trading  Nordic and Baltic securities, built of seven

marketplaces  -  Sweden,  Denmark, Iceland, Norway, Finland, Latvia and

Estonia  - using one and the same trading platform, and very soon to be

joined  by  Lithuania. The task of Latvian Central Depository is to set

up  an integrated clearing and settlement system and to implement it in

Latvia and Estonia," Guntars Kokorevičs adds.



H1  2004  financial  results of Riga Stock Exchange and Latvian Central

Depository parent company OMHEX are available at <a href='http://www.omhex.com' target='_blank'>http://www.omhex.com</a> 



Additional information:

Krista Grīntāle

Corporate Communications Director

Riga Stock Exchange/Latvian Central Depository

Phone + 371 7212431