Riga  Stock  Exchange  has developed its strategic development plan for

2002,  which has already been communicated to the RSE Supervisory Board

and  shareholders.  In  line  with  the  present Latvian capital market

development  trends and the performance in 2001, the RSE is planning to

proceed   with  several  initiated  developments,  focusing  mainly  on

attracting  new  issuers. Attracting and international partners remains

among  the priorities, together with implementation of public education

and  information  campaign, the purpose of which is creating investment

culture in Latvia.



Guntars  Kokorevičs,  President,  Riga  Stock Exchange: "Capital market

participants  are  perfectly aware that it is not possible to establish

an  efficient  capital  market  in  Latvia  without  investing  in  it.

Therefore  the  RSE  and  its shareholders are ready to invest time and

money  to  make  the  potential  issuers  and  investors understand the

advantages  of  capital  market.  This  would  allow, within the 2 to 5

coming years, to bring attractive issuers and educated investors to the

market."



Year  2002 is critical to the RSE from the point of view of prospective

development,  since  the  international  integration activities will be

implemented,  which  are expected, in future, to allow attract also new

international  members  and investors, and new domestic issuers. At the

same  time, the RSE believes it is important to retain its identity and

influence in the domestic market.