OREANDA-NEWS. September 22, 2008.
PROJECT   
Joints Stock Company “Latvijas Krajbanka”
Extraordinary shareholders` meeting decision
Riga, 15 Jana Dalina Street  October 24th 2008           
                            
About amendments of the joint stock company “Latvijas Krajbanka”  articles of association *

The shareholders` meeting decided to:

To amend the joint stock company “Latvijas Krajbanka” articles of association:

1.    To utter the point 3.1. of the articles of association in the following redaction:

“3.1. The Bank’s fixed capital amounts to LVL 17’149’246 (seventeen million one hundred forty-nine thousand two hundred and forty-six lats).”

2.    To utter the point 4.1. of the articles of association in the following redaction:

“4.1. The Bank’s fixed capital shall be composed of 17’149’246 (seventeen million one hundred forty-nine thousand two hundred and forty-six) shares, inter alia:

17’146’412 ordinary shares of one category all having equal rights to receiving the dividend, liquidation quota and voting rights at the Meeting of Shareholders and 2’834 “A” category preference shares having equal guaranteed rights to receiving dividend and liquidation quota.”

*The AS “Latvijas Krajbanka” articles of association is available at the AS “Latvijas Krajbanka” Web site www.lkb.lv

*This is regulated information disclosed by the issuer AS “Latvijas Krajbanka”, reg. No. 40003098527, in accordance with the requirements of Article 54 and 642 of the Law on the Financial Instruments Market. This information about the essential event of the issuer is precise, true and exact, and it is prepared in accordance with the procedures existing in the AS “Latvijas Krajbanka”.