Delfin Group

Earnings Release • Aug 27, 2014

SIA ExpressCredit financial results for first half year 2014

SIA ExpressCredit has worked successfully over the period from 1 January to 30 June 2014.

Total revenue for the period increased by 23% over the corresponding period in 2013 and reached EUR 7 326 264. During the period, the loan portfolio of the Company has increased significantly – by 32% - and reached EUR 6,5 million. As at 30 June 2014, the amount of the assets equalled EUR 11.8 million, and net profit for the first half of 2014 was EUR 481 999 (respective period of previous year EUR 353 575).

Operational data and trends suggest that turnover and profit figures will be better in the second half of 2014 than the second half of year of 2013. The Company plans to finish the year with a profit in excess of 2013 results.

In attachment unaudited consolidated interim financial statements for the period 1 January to 30 June 2014.

________________________________________________________________________

SIA ExpressCredit is a licensed non-bank lending institution, which was founded in the 2009. SIA ExpressCredit operates 95 branches under the brand name Lombards24.lv in 38 largest Latvian cities and towns, offering loans against pledge of movable property (Lombard credits), loans without collateral, loan against vehicle collateral and mortgage loans. The Company has provided services to more than 200 thousand customers. The owners of SIA ExpressCredit are SIA Express Holdings (51%), SIA Ebility (24,5%) and SIA AE Consulting (24,5%).

Contacts:

Kristaps Bergmanis

Tālrunis: +371 29144168

Fax: +371 67809194

E-mail: Kristaps.Bergmanis@expresscredit.lv