Latvijas Gaze

Major Shareholding Notification • Mar 24, 2017

Date:22 October 2015 ESMA/2015/1597

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)ⁱ 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: AS "Latvijas Gāze" 2. Reason for the notification (please tick the appropriate box or boxes): [X] An acquisition or disposal of voting rights [ ] An acquisition or disposal of financial instruments [ ] An event changing the breakdown of voting rights [ ] Other (please specify) iii: 3. Details of person subject to the notification obligation iv : Name: Marguerite Gas I S.à r.l. City and country of registered office (if applicable): Luxembourg 4. Full name of shareholder(s) (if different from 3.)^v : 5. Date on which the threshold was crossed or reached vi: 23 March 2017 6. Total positions of person(s) subject to the notification obligation: % of voting rights attached to shares (total of 7.A) % of voting rights through financial instruments (total of 7.B.1 + 7.B.2) Total of both in % (7.A + 7.B) Total number of voting rights of issuer vii Resulting situation on the date on which threshold was crossed or reached 0 - 0 39 900 000 Position of previous notification (if applicable) 28.974% - 28.974%

7. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii:

A: Voting rights attached to shares

Class/type of shares ISIN code (if possible)	Number of voting rights ix		% of voting rights
	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)
Public emission Bearer Shares (ISINLV0000100899)	0		0
SUBTOTAL A	0		0

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
Type of financial instrument	Expiration date x	Exercise/ Conversion Periodxi	Number of voting rights that may be acquired if the instrument is exer cised/ converted.	% of voting rights
		SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC
Type of financial instrument	Expiration date x	Exercise/ Conversion Period x i	Physical or cash settlement xii	Number of voting rights	% of voting rights
			SUBTOTAL B.2

8. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial in struments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
2020 European Fund for	0	-	0
Energy, Climate Change
and Infrastructure
MARGUERITE	0	-	0
HOLDINGS S.à r.l.
Marguerite Gas I S.à r.l.	0	-	0

9. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

10. Additional informationxvi:

Done at Luxembourg on 23 March 2017

_____________________

Nicolás Merigó Director ("Gérant")

_____________________ David Harrison Director ("Gérant")

Annex: Notification of major holdings (only to be filed with competent authority and not with the relevant issuer)

A: Identity of the person subject to the notification obligation
Full name (including legal form for legal entities)
Marguerite Gas I S.à r.l.
Contact address (registered office for legal entities)
1-3, Boulevard de la Foire, L-1528 Luxembourg
E-Mail
Phone number / Fax number
352 26 86 53 – 1 / +352 26 86 53 55
Other useful information (at least legal a contact person for legal persons)
Guillaume de Villenaut gdevillenaut@marguerite.com

B: Identity of the notifier, if applicable

Full name Mārtiņš Tarlaps

Contact address

E-Mail Martins.Tarlaps@cobalt.legal

Phone number / Fax number

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information: