TALLINN STOCK EXCHANGE

ANNOUNCEMENT

19.04.99

 

CHANGES IN SUBSTANTIAL SHAREHOLDINGS

 

As of 19.04.99, 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    19.04.99 

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

HANSAPANK (78,764,434 shares)

   European Bank for Reconstruction

   and Development                     below 5      9.71

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

EESTI ÜHISPANK ( 66,151,004 shares)

 

Merita Bank Ltd Clients                  19.00     20.68

   Merita Bank Ltd Clients Trading Account            14.92

   Merita Bank Ltd Clients Trading Account 2           5.76

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TSE