JSC "Latvijas investīciju banka" (LIB) has received acknowledgment from

its sh

1) 1 898 820 LIB Merita Bank Ltd. shares;

2) 1 059 580 LIB Nordic Investment Bank shares.

Pursuant  to  the  decision of the board of Latvijas Banka, Merita Bank

Ltd. is all On July 10,1998 the main shareholders of LIB were:

Finnfund 44.15% LVL 2 339 200;

Merita Bank Ltd. 35.84% LVL 1 898 580;

Nordic Investment Bank 20.00% LVL 1 059 580;

Board 0.006% LVL 300