The next modernization of buses LAZ has led to the creation of the 1969 model year, Laz-695 m. The predecessor of this bus differed significantly in appearance-the side Windows were above 150 mm, and the roof-less curved. Disappeared in roof inserts from the "smoky" glass and branded lazovski central air intake slots were replaced on the sidewalls. Changed and bus units of Hungary on cooperation in the framework of the CEA became available rear bridges "slave" with planetary hubs, gearboxes have a separate bus brake drive. Production of Laz-695 m lasted seven years and in that time have produced 52077 copies, including 164 for export.