Riga Stock Exchange 31/05/2004 04/06/2004

Weekly statistical survey Riga Stock Exchange 31/05/2004-04/06/2004

Total capital market turnover 7,789,150.83 LVL

Of this: Equities 5,212,955.39 LVL Debt securities 2,560,430.68 LVL Auctions 0.00 LVL

Equity market Equity market capitalisation 676.89 m LVL

Debt market Nominal value of government debt securities 374.40 m LVL Nominal value of other debt securities 41.31 m LVL

Indexes 28-May-04 04-Jun-04 + / - % Dow Jones RSE (LVL) change 261.91 259.09 -1.08% Dow Jones RSE (USD) change 262.87 260.99 -0.71% RICI change 575.26 580.48 0.91%

RICI index

582 580 578 576 574 Index last Index last value 572 570 31-May 01-Jun 02-Jun 03-Jun 04-Jun

Dow Jones RSE index

295 285 275 265 255 Index value 245 31-May 01-Jun 02-Jun 03-Jun 04-Jun LVL USD

Turnover in equity and debt market (LVL)

4,000,000 3,000,000 2,000,000

Turnover (LVL) Turnover 1,000,000 0 31- May 1-Jun 2-Jun 3-Jun 4-Jun Equity market (LVL) Debt market (LVL) Weekly statistical survey 31/05/2004- 04/06/2004 EQUITY MARKET TURNOVER

Deals in the automated trading system Block and reported deals Shares Turnover Turnover No. of total total relative to trading Turnover Company Fixed price market Variable price (LVL) the total days velocity market

shares (LVL)Shares (LVLs) Shares (LVL)

OFFICIAL LIST Latvijas Gāze0 0.00 271 1,497.11 2,850 15,888.43 3,121 17,385.54 0.33% 3 0.41% Latvijas Kuģniecība0 0.00 17,752 7,788.24 104,827 46,139.08 122,579 53,927.32 1.03% 5 3.19% SAF Tehnika0 0.00 1,224 45,319.35122,987 4,459,227.56 124,211 4,504,546.91 86.41% 3 652.38% Ventspils nafta0 0.00 41,846 68,458.60 78,640 129,500.70 120,486 197,959.30 3.80% 4 6.00% Total: 00.00 61,093 123,063.30309,304 4,650,755.77 370,397 4,773,819.07 91.58% SECOND LIST Ditton PKR0 0.00 3,330 765.90 00.00 3,330 765.90 0.01% 3 2.34% Grindeks0 0.00 2,591 3,728.75 20,000 28,400.00 22,591 32,128.75 0.62% 4 15.19% Latvijas balzams0 0.00 1,758 2,250.07 4,042 5,201.58 5,800 7,451.65 0.14% 5 4.02% Liepājas ML0 0.00 4,477 5,672.97 8,123 10,230.87 12,600 15,903.84 0.31% 5 3.86% Olainfarm0 0.00 9,594 4,053.29 00.00 9,594 4,053.29 0.08% 4 4.87% Rīgas KB0 0.00 35,782 35,277.06 28,524 29,081.46 64,306 64,358.52 1.23% 4 28.65% Rīgas TF0 0.00 17,490 3,563.00 1,000 210.00 18,490 3,773.00 0.07% 5 4.12% Valmieras SŠR0 0.00 12,366 17,786.54 184,041 262,035.75 196,407 279,822.29 5.37% 5 42.73% Total: 00.00 87,388 73,097.58 245,730 335,159.66 333,118 408,257.24 7.83% FREE LIST Baloži0 0.00 1,446 867.60 00.00 1,446 867.60 0.02% 1 26.39% Grobiņas ZV0 0.00 2,720 1,346.29 00.00 2,720 1,346.29 0.03% 3 28.29% Jūras medicīna0 0.00 00.00 00.000.00 0 -0- Kurzemes A10 0.00 3,995 1,272.98 2,000 600.00 5,995 1,872.98 0.04% 2 33.95% Kvadra Pak0 0.00 00.00 00.000.00 0 -0- Latvijas tilti0 0.00 364 328.60 13,785 12,406.50 14,149 12,735.10 0.24% 1 109.65% Liep. autoparks0 0.00 00.00 00.000.00 0 -0- Lode0 0.00 553 782.61 1,269 1,738.53 1,822 2,521.14 0.05% 2 4.26% Lokomotīve0 0.00 1,292 323.00 00.00 1,292 323.00 0.01% 1 0.81% NORD/LB Latvija0.000 00.00 00.000.00 0 -0- Ogre0 0.00 14,474 1,447.40 00.00 14,474 1,447.40 0.03% 4 4.38% Ostas elevators0 0.00 00.00 00.000.00 0 -0- Paraugtipogrāf.0 0.00 00.00 00.000.00 0 -0- Rīgas AR0 0.00 4,755 567.43 00.00 4,755 567.43 0.01% 3 4.54% Rīgas FF0 0.00 67 33.20 00.00 67 33.20 - 1 0.53% Rīgas raugs0.000 232 140.20 00.00 232 140.20 - 1 1.56% Rigas soprta pils0 0.00 00.0013,682 8,123.74 13,682 8,123.74 0.16% 0 78.14% Rīgas st. autoosta0 0.00 397 869.00 00.00 397 869.00 0.02% 1 6.88% RRR0 0.00 80 32.00 00.00 80 32.00 - 1 0.16% Saldus MR0 0.00 00.00 00.000.00 0 -0- Siguldas CMAS0 0.00 00.00 00.000.00 0 -0- Strenču MRS0 0.00 00.00 00.000.00 0 -0- Tukuma GPS0 0.00 00.00 00.000.00 0 -0- VEF0 0.00 00.00 00.000.00 0 -0- Total: 00.00 30,375 8,010.31 30,736 22,868.77 61,111 30,879.08 0.59%

Total: 0 0.00178,856 204,171.19585,770 5,008,784.20764,626 5,212,955.39 100.00%

Top companies by turnover

No Company List Turnover (LVL) 1 SAF Tehnika Official 4,504,546.91 2 Valmieras SŠR Second 279,822.29 3 Ventspils nafta Official 197,959.30 4 Rīgas KB Second 64,358.52 5 Latvijas Kuģniecība Official 53,927.32

Last Last weigh.avg. weigh.avg. price at the Company High Low 52 week 52 week price at Price Capitalisation Relative high low end of the end of change (LVL) to the prev. period total period

OFICIOFFICIALĀLAIS LIST SARAKSTS OFFICIAL LIST Latvijas Gāze5.53 5.52 6.16 5.48 5.60 5.53 –1.25% 220,647,000.00 32.60% Latvijas Kuģniecība0.44 0.43 0.53 0.30 0.45 0.43 –4.44% 86,000,000.00 12.71% SAF Tehnika37.28 37.00 37.28 37.00 37.00 37.10 0.27% 36,731,226.00 5.43% Ventspils nafta1.65 1.60 1.75 0.99 1.61 1.60 –0.62% 167,167,230.40 24.70% OFICISECONDĀLAIS LIST SARAKSTS OFFICIAL LIST Ditton PKR0.23 0.23 0.33 0.19 0.23 0.23 - 1,702,000.00 0.25% Grindeks1.49 1.42 1.49 0.64 1.36 1.43 5.15% 11,061,050.00 1.63% Latvijas balzams1.29 1.25 1.30 0.90 1.26 1.27 0.79% 9,521,063.00 1.41% Liepājas ML1.28 1.23 1.35 0.40 1.30 1.23 –5.38% 20,886,670.59 3.09% Olainfarm0.46 0.42 0.46 0.17 0.42 0.46 9.52% 4,716,087.90 0.70% Rīgas KB1.01 0.91 1.07 0.38 1.02 0.93 –8.82% 10,855,059.51 1.60% Rīgas TF0.21 0.20 0.25 0.14 0.20 0.20 - 4,662,596.00 0.69% Valmieras SŠR1.46 1.42 1.46 0.66 1.37 1.46 6.57% 34,898,679.30 5.16% OFICIFREE ĀLISTLAIS SARAKSTS OFFICIAL LIST Baloži0.60 0.60 0.75 0.07 0.75 0.60 –20.00% 170,940.00 0.03% Grobiņas ZV0.50 0.49 0.86 0.10 0.47 0.49 4.26% 245,000.00 0.04% Jūras medicīna0.61 0.61 0.69 0.47 0.61 0.61 - 488,000.00 0.07% Kurzemes A10.32 0.30 0.35 0.17 0.30 0.32 6.67% 293,806.08 0.04% Kvadra Pak0.35 0.35 0.41 0.09 0.35 0.35 - 1,348,990.30 0.20% Latvijas tilti0.90 0.90 1.40 0.50 0.99 0.90 –9.09% 603,900.00 0.09% Liep. autoparks0.80 0.80 0.80 0.18 0.80 0.80 - 501,952.80 0.07% Lode1.42 1.35 1.42 1.05 1.35 1.42 5.19% 3,159,695.96 0.47% Lokomotīve0.25 0.25 0.29 0.07 0.25 0.25 - 2,073,554.75 0.31% NORD/LB Latvija2.502.503.70 2.50 2.50 2.50 - 50,402,240.00 7.45% Ogre0.10 0.10 0.13 0.05 0.11 0.10 –9.09% 1,716,584.10 0.25% Ostas elevators0.50 0.50 0.66 0.06 0.50 0.50 - 785,084.00 0.12% Paraugtipogrāf.0.19 0.19 0.24 0.13 0.19 0.19 - 71,820.00 0.01% Rīgas AR0.13 0.10 0.23 0.08 0.12 0.11 –8.33% 598,650.69 0.09% Rīgas FF0.50 0.50 0.75 0.23 0.45 0.50 11.11% 331,500.00 0.05% Rīgas raugs0.600.601.00 0.45 0.60 0.60 - 463,800.00 0.07% Rīgas sporta pils0.52 0.52 0.65 0.18 0.52 0.52 - 473,482.36 0.07% Rīgas st. autoosta2.50 2.19 6.72 2.19 2.50 2.19 –12.40% 657,000.00 0.10% RRR0.40 0.40 0.50 0.09 0.40 0.40 - 1,019,633.60 0.15% Saldus MR2.00 2.00 2.00 1.10 2.00 2.00 - 774,272.00 0.11% Siguldas CMAS0.22 0.22 0.28 0.09 0.22 0.22 - 92,936.80 0.01% Strenču MRS0.47 0.47 0.79 0.40 0.47 0.47 - 434,468.00 0.06% Tukuma GPS0.32 0.32 0.32 0.32 0.32 0.32 - 357,082.88 0.05% VEF ---- - 975,825.00 0.14% TOTAL: 676,888,882.02 100.00%

Main price gainers and losers from Official and Second list equities

No Company List Gain (%) Gain (LVL) No Company List Loss (%) Loss (LVL)

1 Olainfarm Second 9.52% 0.04 1 Rīgas KB Second 8.82% 0.09 2 Valmieras SŠR Second 6.57% 0.09 2 Liepājas ML Second 5.38% 0.07 3 Grindeks Second 5.15% 0.07 3 Latvijas Kuģniecība Official 4.44% 0.02 4 Latvijas balzams Second 0.79% 0.01 4 Latvijas Gāze Official 1.25% 0.07 5 SAF Tehnika Official 0.27% 0.10 5 Ventspils nafta Official 0.62% 0.01

* Enterprise is added to Surveillance list

© Riga Stock Exchange 31/05/2004- 04/06/2004 Weekly statistical survey 31/05/2004- 04/06/2004 DEBT MARKET TurnoverBest bid Best ask Coupon Trades Face value Name ISIN code Maturity (%) (LVL) date (LVL) No. of securities Yield (%) DateYield (%) Date

OFFICIAL LIST Valsts parādz.6M LV0000532042 27/08/2004 - 0.00 0 -3.6004/06/2004 3.00 04/06/2004 5,000,000.00 Valsts parādz.12M LV0000540730 06/08/2004 - 0.00 0 -3.7004/06/2004 2.90 02/06/2004 8,808,000.00 Valsts parādz.12M LV0000540748 24/09/2004 - 0.00 0 -3.7004/06/2004 2.90 02/06/2004 12,000,000.00 Valsts parādz.12M LV0000540755 03/12/2004 - 15,061.35 155 13.7004/06/2004 3.30 04/06/2004 6,900,000.00 Valsts parādz.12M LV0000540763 22/04/2005 - 231,953.56 2,390 13.7004/06/2004 2.90 02/06/2004 6,300,000.00 Valsts parādz.3G LV0000560035 29/08/2006 3.87 0.00 0 -4.1504/06/2004 3.90 02/06/2004 15,955,000.00 Valsts parādz.5G LV0000570018 24/03/2005 9.12 106,225.40 1,000 13.7004/06/2004 3.50 01/06/2004 61,060,000.00 Valsts parādz.5G LV0000570026 26/01/2006 8.12 371,920.28 3,404 24.1504/06/2004 3.90 02/06/2004 81,000,000.00 Valsts parādz.5G LV0000570034 08/05/2007 5.62 161,585.30 1,536 34.1504/06/2004 3.90 02/06/2004 66,296,600.00 Valsts parādz.10G LV0000580017 14/02/2013 5.12 1,061,804.81 10,270 84.9804/06/2004 4.95 04/06/2004 97,150,900.00 Valsts parādz.10G LV0000580025 02/04/2014 4.75 150,156.00 1,500 14.9604/06/2004 4.91 03/06/2004 13,925,000.00 LHZB ķīlu zīme AF LV0000800076 15/02/2005 8.50 0.00 0 -3.9004/06/2004 3.20 03/06/2004 1,000,000.00 LHZB ķīlu zīme AG LV0000800092 15/08/2007 7.50 0.00 0 -5.7004/06/2004 4.25 04/06/2004 3,000,000.00 LHZB ķīlu zīme AH LV0000800100 15/08/2011 7.50 0.00 0 -7.3104/06/2004 5.15 04/06/2004 2,000,000.00 LHZB ķīlu zīme AI LV0000800118 15/08/2008 7.00 1,112.80 10 25.8031/05/2004 4.50 04/06/2004 2,000,000.00 LHZB ķīlu zīme AD LV0000800126 15/08/2006 6.50 40,089.06 374 14.3004/06/2004 3.90 04/06/2004 3,000,000.00 Unibankas obligac. LV0000800134 28/01/2005 6.50 0.00 0 -3.9004/06/2004 3.20 02/06/2004 9,946,000.00 LHZB ķīlu zīme AL LV0000800142 15/08/2012 6.00 0.00 0 -5.7504/06/2004 5.20 04/06/2004 5,000,000.00 LHZB ķīlu zīme AM LV0000800159 15/08/2013 5.25 0.00 0 -5.8004/06/2004 5.25 04/06/2004 1,604,500.00 LHZB ķīlu zīme AJ LV0000800167 15/08/2008 4.75 0.00 0 -4.8004/06/2004 4.60 04/06/2004 3,000,000.00 NIB07 LV0000800175 25/07/2007 4.25 420,522.12 414 24.1004/06/2004 3.80 04/06/2004 5,000,000.00 LHZB ķīlu zīme AK LV0000800183 15/08/2009 4.75 0.00 0 -4.9004/06/2004 4.70 04/06/2004 3,000,000.00 Nordea paradz.6M LV0000800209 20/09/2004 3.50 0.00 0 -3.9004/06/2004 3.40 02/06/2004 2,760,000.00 Total: 2,560,430.68 21,053 22 415,706,000.00

Total: 2,560,430.68 21,053 22 415,706,000.00

* Trading terminated due to maturity INFORMATION ON INVESTMENT FUNDS

Yield (%) Fund asset FundManager High Low Previous Last Change to period last value end of previous period, % 1 mon. 3 mon. 6 mon. 12 mon.

Naudas Hansa Tirgus Fondi 1192.890 1191.960 1,191.960 1,192.89013,870,943.21 -0.15%3.20 2.81 2.98 2.94 Fonds

Baltic Baltikums Index Asset 1.874 1.845 1.866 1.845420,414.22 -0.68%–33.23 –5.95 19.39 18.16 fonds Management

Valsts Baltikums Obligac Asset 1.170 1.166 1.166 1.170386,790.12 0.31%–0.14 1.85 2.83 1.40 iju Management Fonds

Latu Optimus Rezerve Fondi 1.074 1.073 1.073 1.074500,950.35 -4.39%3.71 2.98 2.90 2.75 s Fonds

Parex Parekss Latu ieguldijumu 10.770 10.760 10.760 10.760366,552.89 -13.36%2.18 0.73 3.95 3.40 obligaci sabiedriba ju fonds Parex Parekss Baltijas ieguldijumu 11.360 11.280 11.350 11.2801,191,560.71 -0.45%–5.01 –2.05 6.01 4.75 juras sabiedriba sabal.fo nds Baltijas Parekss Nekust. ieguldijumu 10.320 10.320 10.320 10.3208,587,254.84 0.00%-- - - ip.fond sabiedriba s (USD)* Parex Parekss Austru ieguldijumu 10.900 10.850 10.890 10.8506,298,350.21 2.40%–3.16 –6.57 1.28 2.41 meirop sabiedriba as oblig.fo Parex Parekss Austru ieguldijumu 10.210 10.140 10.200 10.1601,801,278.68 2.51%–4.46 –4.85 4.61 - meirop sabiedriba as sabal.fo