Riga Stock Exchange                                           07.03.2005.



A transaction reported by a JSC "Latvijas balzams" insider



JSC "Latvijas balzams" (BAL1R) insider Rolands Gulbis sold 900 (nine hundred) 

JSC “Latvijas balzams” shares for price 1 LVL per share. Total sum of the deal 

was 900 LVL (nine hundred Latvian lats). Contract date 20.10.2004, payment 

date 31.01.2005. After deal, Rolands Gulbis owns no JSC “Latvijas balzams” shares.