Corrections to TALSE index

10.01.2001 TLN

Tallinn Stock Exchange Press Release
January 10, 2001

Following a thorough analysis of the TALSE index calculation methodology in year 2000, Tallinn Stock Exchange (TSE) recognised a need to improve the procedures for reflection of certain non-standard corporate events in the TALSE index.

With regard to the above, TSE considers it necessary to publish the TALSE index values that have been corrected under the improved methodology as of 21.12.2000.

According to the corrected data the annual change of TALSE index in year 2000 was 10.15% (previously 12.54%).

The respective corrections have been made in the TSE databases. As of 10.01.2001 TALSE index is calculated in accordance with the improved methodology.

TSE apologises to its clients and partners for all possible inconveniences that this may have caused.

Additional information:

Eva Palu
Head of Investor Relations Dpt
Tallinn Stock Exchange
Tel: +372 64 08 840
e-mail: