JSC “NORVIK BANKA” Consolidated Annual Report for the year ended 31 December 2008 (audited).

The following files are attached in the appendix JSC “NORIK BANKA” Consolidated Annual Report for the year ended 31 December 2008 (audited) along with Independent Auditors' Report.

JSC „NORVIK BANKA” Comments on Net Profit for Year 2008:

JSC „NORVIK BANKA” would like to draw the financial information consumers’ attention to the fact that net profit reflected in audited annual report for year 2008 differs from the net profit stated in the NORVIK’s unaudited report for year 2008. The main reason of that difference is the conservative approach of the Bank’s management to assets assessment and to provisions accumulation. As a result the additional provisions have been created for loan portfolio and for securities portfolio.

Financial Institutions Department
JSC”NORVIK BANKA”
Tel.: +371 67011467, +371 67041178
Fax: +371 67041196
E-mail: marija.gulajeva@norvik.lv