Regarding Purchase and Sale of Blocks of Shares of Investment Management Companies

JSC Akciju komercbanka Baltikums (Latvia) has closed deals with Invalda AB (Lithuania) regarding acquisition of 100% shares of IPS Finasta Asset Management (investment management company registered in the Latvia) and regarding sale to Invalda AB 100% shares of IPAS Baltikums Asset Management (investment management company registered in the Republic of Latvia).

Management of investment funds of IPAS Finasta Asset Management has transferred to IPAS Baltikums Asset Management, which already manages 3 investment and 2 pension funds.