On 15 March 2013 the Financial and Capital Market Commission of the Republic of Latvia has registered Supplement No.1 to the Base Prospectus of the Notes Issuance Programme of Latvenergo AS. Information update is related to the Latvenergo Group 2012 Annual Unaudited Condensed Consolidated Financial Statements published on 28.02.2013.

The total amount of the Latvenergo AS Notes Issuance Programme in nominal value is 50 million Lats or an equivalent in Euro. The two realized bond issues in the total amount of 50 million Euros, with a coupon of 2.8% and the maturity date of 15 December 2017, are implemented under one Series of Notes. The bonds are listed on the Baltic Bond list (ISIN code LV0000801090).

Additional information:
Jānis Irbe
Group Treasurer
Phone: +371 67 728 239
E-meil: investor.relations@latvenergo.lv

http://www.latvenergo.lv/investors/eng

About Latvenergo

The Latvenergo Group is the largest power supply merchant in the Baltics, engaging in electricity generation and trade as well as providing electricity distribution and management of transmission system assets. Latvenergo holds one-third of the entire Baltic electricity market. Latvenergo AS has been acknowledged as the most valuable company in Latvia for several years in a row. International credit rating agency Moody’s has assigned Latvenergo AS an investment-grade credit rating of Baa3/stable.

The Latvenergo Group includes the parent company Latvenergo AS (electricity generation and trade, thermal energy generation) and its subsidiaries Latvijas elektriskie tīkli AS (management of transmission system assets), Sadales tīkls AS (electricity distribution), Elektrum Eesti OÜ (electricity trade in Estonia), Elektrum Lietuva UAB (electricity trade in Lithuania) and Liepājas enerģija SIA (thermal energy generation and trade, electricity generation), as well as Elektrum Latvija SIA, a subsidiary of Elektrum Eesti OÜ.