On 4 November 2011 Financial and capital market committee approved amendments to AS "Moda Kapitāls" notes issue prospectus due to the Issuer's intentions to increase the total issue size up to EUR 5,000,000.

Amendments of prospectus in Latvian attached.

         Guntars Zvinis
         Member of the Board
         JSC Moda Kapitals
         Phone: +37167344508
         e-mail: guntars@draudzigsaizdevums.lv