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Coupon rate on JSC Akciju komercbanka Baltikums notes (for the second coupon period)

27.04.2007

On 26 April 2007 JSC Akciju komercbanka Baltikums set the coupon rate for the second coupon period (from 2nd May, 2007, till 1th August, 2007) on its notes at 7.005% p.a.

According to the terms of the issue, the coupon rate is set for each interest calculation period. The coupon rate is based on 3 (three) month EURIBOR rate, which is fixed on the coupon rate determination date, plus 3% p.a. According to Bank of Latvia, 3 month EURIBOR rate on 26 April 2007 was 4.005% p.a.

On 31 January 2007 JSC Akciju komercbanka Baltikums set the coupon rate for the first coupon period (from 2nd February, 2007, till 1th May, 2007) on its notes at 6.782 % p.a.The first payment of the coupon at the rate of 6.782 % p.a. will take place on 2nd May 2007.

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