Latvenergo
Company Announcement

Latvenergo AS publishes the Final Terms of the second Series of Notes

Riga, 2013-05-14 16:03 CEST -- Latvenergo AS publishes the Final Terms of the second Series of Notes approved on 14 May 2013 related to the issue of EUR 20,000,000 Notes due 22 May 2020. According to the Final Terms of the second Series of Notes, the nominal amount of the Note is EUR 1,000. The placement of the second Series of Notes will be implemented on 16 May 2013. The issue of the Notes is being executed under Latvenergo AS LVL 85,000,000 (or equivalent in EUR) Programme for the issuance of notes.

Final Terms of the second Series of Notes must be read in conjunction with the Base Prospectus of the Programme dated 23 November 2012, as supplemented by Supplement No.1, dated 12 March 2013, and Supplement No. 2, dated 23 April 2013, available on the company’s website www.latvenergo.lv.

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

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.