Changes in TSE Committees

17.01.2002 TLN

Tallinn Stock Exchange Press Release
January 17, 2002

The Supervisory Board of Tallinn Stock Exchange approved on January 17 the following changes in TSE’s committees:

1. The Board recalled the member of the Surveillance Committee, Andres Kurgpõld, based on his application due to his election to the Board of Financial Inspectorate.



2. The Board recalled the member of the Listing Committee, Toomas Luman, based on his application.



3. The Board nominated the following members to the Takeover Committee: Erkki Raasuke (Hansabank), Gert Tiivas (Tallinn Stock Exchange) and Annely Ahse (Tallinn Stock Exchange).

According to the Securities Market Act, which came into force from 2002, the Takeover Committee has five members, out of which 3 are nominated by the Exchange and 2 by the Financial Inspectorate. The new Committee will work until September 1, 2002, upon which time the responsibility for supervising takeovers will shift to the Financial Inspectorate.

Additional information:

Eva Palu
Head of Marketing and PR Department
Tallinn Stock Exchange
Tel: +372 640 8800
e-mail: