Given high customer demand, ABLV Bank, AS, Board decided to increase the size of the bond issue ABLV FXD USD 170216 (ISIN code: LV0000801298). Other issue terms and conditions remain unchanged. The changes in the issue terms and conditions have been registered by the Financial and Capital Market Commission.

The initial issue size was USD 50 000 000, and after the increase it equals USD 75 000 000. The number of the bonds was increased accordingly to 75 000. The face value of one bond is USD 1 000. The annual interest rate is fixed: 1.975% with coupon payment twice per year. Initial placement price: 100% of the face value. The issue date is 17 February 2014, and the maturity date is 17 February 2016.

The term of subscription to these bonds remains unchanged – 11 February 2014.

ABLV Bank, AS is the largest independent private bank in Latvia. The bank’s majority shareholders — Oļegs Fiļs, Ernests Bernis and Nika Berne – directly and indirectly hold 86% of the bank's share capital. ABLV Group includes ABLV Bank, AS; ABLV Bank Luxembourg, S.A.; ABLV Capital Markets, IBAS; ABLV Asset Management, IPAS; Pillar Holding Company, KS; ABLV Consulting Services, AS; ABLV Corporate Services, SIA; New Hanza City, SIA, and other companies. ABLV Group has representative offices in Moscow, St. Petersburg, Yekaterinburg, Vladivostok, Kiev, Odessa, Minsk, Almaty, Dushanbe, Baku, Tashkent and Limassol.

         Ilmārs Jargans
         
         Head of Public Relations Department
         ABLV Bank, AS
         Tel.: +371 6777 5296
         e-mail: ilmars.jargans@ablv.com