TALLINN STOCK EXCHANGE

ANNOUNCEMENT

14.06.99

 

CHANGES IN SUBSTANTIAL SHAREHOLDINGS

 

As of 14.06.99, the following significant changes have taken place 

in the companies listed on the Tallinn Stock Exchange, compared with the 

standings disclosed earlier.

 

The levels of 5%, 10%, 20%, 33%, 50% and 66% are considered to be significant.

 

 

Issuer                              Previously    Per cent of  

                            disclosed per cent    shares      

   Shareholder                       of shares    14.06.99 

--------------------------------------------------------------

EESTI TELEKOM (137,383,178 shares)*

Baltic Tele Aktiebolag                  below 5       25.50

Telia AB                                below 5       11.75

Sonera Holding B.V.                     below 5       11.75

Ministry of Transport and Communications  51.00       27.29

Bankers Trust Company                     40.03       22.31         

 

* 73,500,000 shares at the time of last disclosure

-------------------------------------------------------------- 

TALLINNA KAUBAMAJA (6,788,200 shares)

Hansapank                               below 5         5.23

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TSE