OREANDA-NEWS. On 19 June 2008 was announced, that the meeting of shareholders of JSC Akciju komercbanka Baltikums has passed a resolution to increase the Bank's share capital to 15,178,200 LVL and accordant amendments to the Articles of Association.

JSC Akciju komercbanka Baltikums Articles of Assotiation Changes

1. New wording:

"3.1. The fixed capital of the Company amounts to 15,178,200 LVL (fifteen million one hundred seventy eight thousand and two hundred lats). The fixed capital of the Company consists of 15,178,200 (fifteen million one hundred seventy eight thousand and two hundred) shares. The value of one share is 1 LVL (one lat)."