Extraordinary meeting of TSE shareholders and TSE Supervisory Board meeting

03.05.2001 TLN

The extraordinary meeting of Tallinn Stock Exchange (TSE) shareholders and meeting of new Supervisory Board took place on May 3, 2001.

1. The shareholders elected and appointed a new Supervisory Board consisting of:
   
   Sven Kunsing – Director of Research Division of Investment Banking of Eesti Ühispank
   Rain Lõhmus – Head of Supervisory Board of Lõhmus Haavel & Viisemann
   Allan Martinson – CEO of Microlink
   Sven Meimer – Head of Department for Payment and Settlement Systems of the Central Bank of Estonia
   Priit Põldoja – Director of Investment Management Division of Hansabank Markets
   Jukka Ruuska – president and CEO of HEX Group
   Heikki Sirve – Executive Vice President, Head of Settlement and Depository Business Unit of HEX Group
   Jouni Torasvirta – Executive Vice President, Head of Trading Business Unit of HEX Group
   
   
2. The shareholders approved the new Articles of Association, which turn the TSE into a for-profit company and adapt the corporate governance rules reflecting TSE having a strategic owner. The new Articles of Association are available on the TSE homepage under Rules and Regulations/Additional documents (http://www.tse.ee/english/rules/rules.php).
   
   
3. TSE Supervisory Board elected Jukka Ruuska as its new chairman.

Additional information:

Gert Tiivas
CEO of Tallinn Stock Exchange
Tel: +372 64 08 840