OREANDA-NEWS. September 09, 2009. 1. On increase of the stock capital of AS “Latvijas Krajbanka”
The shareholders` meeting decided:

1/ To increase the stock capital of AS “Latvijas Krajbanka” (hereinafter referred to as – the Bank) for the amount of LVL 6’175’000 (six million one hundred seventy-five thousand lats) in order to raise additional funds for the development of the AS “Latvijas Krajbanka” activity, by issuing 6’175’000 (six million one hundred seventy-five thousand) ordinary bearer shares at nominal value of LVL 1, category – with right for receiving dividends, receiving liquidation quota and with voting right at the shareholders` meeting (hereinafter referred to as – the Shares).

2/ To approve the “Regulations for Increase of the Stock capital of AS “Latvijas Krajbanka””.

3/ To authorize the Board of AS “Latvijas Krajbanka” to perform all the activities necessary for the fulfilment of the present decision, including but not limited:

to draft and approve the Share Issue Prospectus of AS “Latvijas Krajbanka” (hereinafter referred to as – the Issue Prospectus), to define the procedure for the distribution of Shares in compliance with the “Regulations for Increase of the Stock capital of AS “Latvijas Krajbanka”” approved by present decision;

to amend and supplement the Issue Prospectus if necessary;

to submit the Issue Prospectus and other necessary documents to the Financial and Capital Market Commission and to receive the permit for enouncing the public offer of Shares;

to perform all the activities necessary for ensuring the Share issue and organization of the public offer;

to perform all the activities necessary for announcing the increase of the stock capital and the registration of the amendments to the Articles of Association in the Commercial Register of Enterprises of the Republic of Latvia;

to decide on listing of the Shares in the lists of AS “NASDAQ OMX Riga” and/or inclusion in the regulated markets of other countries;

to perform all the activities necessary to initiate the listing of the Shares.