TALLINNA KÜLMHOONE

ANNOUNCEMENT



RESOLUTIONS OF SHAREHOLDERS' ANNUAL GENERAL MEETING



The annual general meeting of Tallinna Külmhoone AS shareholders was 

held on 19.06.2000. AGM made the following resolutions:



1. to adopt 1999 financial reports (balance sheet size EEK 185.092 

mln; net profit EEK 17.558 mln), management report and auditor's 

report.



2. not to pay dividends for 1999 financial year; to carry EEK 1 mln 

to the reserve fund account, and to carry the remaining portion of 

net profit in the amount of EEK 16.558 mln to the account of retained 

earnings.



3. to appoint AS PriceWaterhouseCoopers to audit the financial

reports of Tallinna Külmhoone AS.



4. to elect the following people to the company's Supervisory Board:

Björn G.Gillberg

Christoffer Kurpatow

Arvydas Strumskis

Pranas Dailide

Jolanta Dailidiene

Anatoli Bekergun





Evald Karu

Management Board member

+372 6 057 800