TALLINN STOCK EXCHANGE

ANNOUNCEMENT

09.11.98

 

 

CHANGES IN SUBSTANTIAL SHAREHOLDINGS

 

As of 09.11.98, 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	  09.11.98 

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

KALEV (7,877,500 shares)

 

Eesti Ühispank                         below 5        7.72

   Eesti Ühispank AS Marginal                         3.81

   Eesti Ühispank AS Repurchase Account               3.85

   Eesti Ühispank AS (trading)                        0.06                        

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

PENNU (1,600,000 shares)

 

Hansapank                               10.08       9.53                 

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

 

 

TSE