As an arranger of OJSC “Technikabank” 13.5% notes due 2011 (ISIN: LV0000800746), SC “Parex bank” has accounted note holders’ requests to execute the put option from January 2, 2010 till January 31, 2010.

95% of the bondholders wish to use put option and call back their  funds which correspond to the nominal amount of USD 9 500 000; that OJSC “Technikabank” will return on 12 February 2010.