23.11.2004, Latvijas Hipotēku un zemes banka, RIG

Mortgage and Land Bank of Latvia                            23.11.2004. 



SJSC ‘Mortgage and Land Bank of Latvia’ Commences Primary Placement of BB 

Series of Mortgage Bond Securities



Issuer:

Registration NR, Address, Title of Establishment - 40003132437, with the 

                      Republic of Latvia Register of Enterprises in Riga

Title (entity)- State Joint Stock Company ‘Mortgage and Land Bank of Latvia’

Official Address: - 4, Doma laukums, Riga LV-1977

Phone - 7222945

Facsimile -7820143

E-mail - banka@hipo.lv



Issuing Agent:

Registration NR, Address, Title of Establishment- 40003151743, with the 

                       Republic of Latvia Register of Enterprises in Riga

Title (entity)-	Joint Stock Company ‘Latvijas UNIBANKA’

Official Address - ‘Unicentrs’, Ķekava District (pagasts), LV1076, Riga Region

Phone - 7215366

Facsimile - 7215633

E-mail - andrejs.mezals@unibanka.lv



BB series security qualities:

Date when the approval of IPO of the public issue was received - 17 November, 2004

Type of Securities - Bearer securities

Category of Securities - No restrictions upon disposal of securities

Total number of securities - 150 000 (one hundred fifty thousand)

Nominal value of each security - USD 100.00 (one hundred US dollars)

Sales price of each security - USD 100.00 (one hundred US dollars) plus any interest 

accrued	since the last date of interest income payment (15 August 2004)

Opening IPO date	24 November 2004

Closing IPO date	1 December 2004



To obtain a copy of Prospectus for BB series securities, please contact:

Headquarters of Mortgage Bank at 4, Doma laukums, Riga LV-1977, during opening 

hours of Bank from 9 a.m. until 5 p.m. or at the website of Mortgage Bank: 

<a href='http://www.hipo.lv' target='_blank'>http://www.hipo.lv</a> , or at the website of JSC ‘Latvijas Unibanka’: <a href='http://www.unibanka.lv' target='_blank'>http://www.unibanka.lv</a> ,

or the website of the Finance and Capital Market Commission: <a href='http://www.fktk.lv' target='_blank'>http://www.fktk.lv</a> .



The following options are available for primary placement BB series 

security purchase transactions 

Primary placement transactions shall be executed by phone at the following 

numbers: 7215366, 7215622, 7215587 daily on business days from 10 a.m. until 4 p.m.

Bids for purchase of securities may be submitted by investors to banks or 

brokers duly licensed for servicing of investments or for rendering additional 

investment services.