05.01.2007

In January 2007, the winners of annual Achievement Awards for 2006 wereannounced by the international financial magazine Finance New Europe. Parexbanka won Awards in two categories: “The best Bank in Latvia 2006” and“The Best Deal in Latvia 2006”. Leading CEE financial market participantsfrom 19 countries took part in the Achievement Awards, which covered more than45 categories and three major Awards for houses, deals and countries.

The “Top Deal Latvia 2006” Award was presented to Parex banka for its EUR200 million five-year Eurobond issue, being a landmark deal in the Balticcapital markets. The Eurobond was placed among the increasingly broad investorbase including institutional and private investors from Asia and such Europeancountries as Germany, France, the United Kingdom, Switzerland, Italy, Norway,Finland, Austria, Netherlands, Greece and the Baltic states. Parexbanka\'s Eurobond issue demonstrates a high level of interest in Baltic baseddebt instruments in the international market.