TALLINN STOCK EXCHANGE

ANNOUNCEMENT

30.11.98

 

CHANGES IN SUBSTANTIAL SHAREHOLDINGS

 

As of 30.11.98, 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% ja 66% are considered to be significant.

 

 

Issuer	     		            Previously 	  Per cent of  

			    disclosed per cent    shares      

   Shareholder		      	     of shares	  30.11.98 

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

Estiko (3,985,280 shares)

 

Rondam AS                             below 5       6.60

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

Pennu ( 1,600,000 shares)

 

Joss AK                                 38.27       8.73

Hansapank                                9.35    below 5

Organ Inc.                            below 5      41.33                          

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

 

 

TSE