JSC Akciju komercbanka Baltikums set the coupon rate for the fifth coupon period (from May 2, 2008 till August 01, 2008) at 7.857% p.a. JSC Akciju komercbanka Baltikums credit linked notes code is ISIN LV0000800407.
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 29 April 2008 was 4.857% p.a.

Uldis Zandars
JSC Akciju komercbanka Baltikums
Deputy of Head of the Product Development and Marketing Department
Tel.: +371 67031408, +371 29206536
E-mail: uldis.zandars@bank.baltikums.com