Approved in the meeting of the Management Board of JSC „Parex banka”
on 19 March 2012 
and revised in the meeting of the Supervisory Council of JSC „Parex banka”
on 21 March 2012 

DRAFT RESOLUTIONS
of Ordinary General Meeting of Shareholders
of joint stock company „Parex banka” to be held on April 27, 2012

On approval of the Annual report of JSC “Parex banka” for the year 2011
To approve JSC “Parex banka” Annual Report for the year 2011 submitted by the Management Board of JSC “Parex banka” and revised by the Supervisory Board. (JSC “Parex banka” Annual Report 2011 is available on http://www.parex.lv/en/investors-area/financial-information)

On report of the Audit Committee of JSC “Parex banka” for the year 2011
To approve the report of the Audit Committee of JSC “Parex banka” for the year 2011.

On election of chartered auditor of JSC “Parex banka” for the year 2012
1. To elect PricewaterhouseCoopers SIA, reg.No 40003142793, licence No.5 as chartered auditor of JSC “Parex banka” to review Annual report of JSC “Parex banka” for the year 2012.
2. To authorise Management Board of JSC “Parex banka” to conclude the agreement with PricewaterhouseCoopers SIA on review of annual report of JSC “Parex banka” for the year 2012, by stating that amount of remuneration of chartered auditor shall be coordinated with Supervisory Board of JSC “Parex banka”.

On amendments to the Articles of Association of JSC “Parex banka”
1. Replace words “Parex banka” to the word “Reverta” in whole text of Articles of Association of JSC “Parex banka”.
2. To amend Clause 1 of Articles of Association of JSC “Parex banka”, approving its new wording as follows:
“1. Firm of the Company
1.1.    Firm of the Company is Joint Stock Company “Reverta”.”
3. To state that this decision shall become effective at the moment the above mentioned amendments to Articles of Association of JSC “Parex banka” are registered with Commercial Register of Latvian Register of Enterprises.

Detailed information available at:
Marita Ozoliņa-Tumanovska
Head of Communications and Marketing Directorate
Tel. 67779142 or 29287169
e-mail: Marita.Ozolina@parex.lv