NORMA

ANNOUNCEMENT



COMMENTARY TO ARTICLE PUBLISHED IN "ÄRIPÄEV" ON 21.06.2000



On 21.06.2000 a business newspaper "Äripäev" published an article 

"Norma will soon sell vodka" by journalist Sirje Niitra. With 

regard to this article, the Management Board of Norma wishes to 

inform its shareholders of the following.



The main fields of activity of AS Norma were and continue to be 

production and sale of car safety systems and details, and 

developmental research in the fields related with the company's main 

business field. 



On 19.10.1999 an agreement between AS Norma Grupp and Autoliv AB 

became effective, whereby Autoliv AB bought 49.5% of AS Norma shares. 

On 10.02.2000 Autoliv AB bought another 1.5% of AS Norma shares. As a 

result Autoliv AB owns 51.0% shareholding in AS Norma. Autoliv AB is 

the core investor of AS Norma, and since 19.10.1999 AS Norma is no 

longer in the ownership of AS Norma Grupp; on 21.10.1999 AS Norma 

Grupp operates under a new business name AS NG Investeeringud. Hence 

AS NG Investeeringud and AS Norma are two separate and independent, 

with no economic and legal connections.



AS Norma development plans do not anticipate entrance to the business 

fields mentioned in 21.06.2000 article of "Äripäev".





Peep Siimon

Chairman of the Board

+372 65 00 442