According to OJSC “Technikabank” Prospectus dated 15 December 2008, Note holders have the right to demand the repayment of the principal of 13.5% Notes due 2011 on 15 February 2010.

If the Note holders wish to exercise the put option for the Notes, they should fill in, sign and send the attached form to with the notice to Janis Dubrovskis, Head of Investment Banking, AS “Parex banka”, Republikas laukums 2a, LV-1522 (fax: +371 67778655), no later than  January 31, 2010. If the signed form  is not receive by the mentioned date it shall be consider that Note holder have chosen to hold the Notes.