JSC “Latvijas kuģniecība” informs that in accordance to the decision of annual general meeting that took place on June 11, 2014 to denominate share nominal value from lats to euro, the denomination date is set on June 30, 2014.

The Articles of association are registered within Commercial registry on June 16, 2014.

The new Articles of association attached.

About JSC “Latvian Shipping Company”

In the medium-sized and handy tankers categories JSC „ Latvian Shipping Company” (NASDAQ OMX RIGA: LSC1R) is among the leading ship owners in the world, and in terms of transport volumes of petroleum products it is also in a leading position among similar companies in Northern Europe. It owns 16 modern ships, employing more than 700 professional and highly qualified seamen from Latvia. The average age of the fleet is 6.5 years. All ships have received ISM (International Safety Management) certificates.

Additional information:
Elīna Dobulāne, Communications Consultant
JSC "Latvian Shipping Company"
Phone: +371-25959447
E-mail: elina.dobulane@vnafta.lv
www.lk.lv/lv/