HÜVITUSFOND

ANNOUNCEMENT



ADDITIONAL INTEREST FOR H1 2000



Supervisory Board of Hüvitusfond decided to pay 0% additional interest 

for H1 2000.

Hüvitusfond's Supervisory Board decides the payment of additional 

interest based on the yields of comparable financial instruments and 

the fund's financial results.

Today Hüvitusfond's bonds yield more than the comparable financial 

instruments (yearly bank deposit), thus it is unreasonable to offer 

higher than market average yield. Hüvitusfond has also not yet covered 

the base capital deficit deriving from loss posted in 1998.

Hüvitusfond's Supervisory Board decides the payment of additional 

interest twice a year, no later than by January 20 and July 20. 



Q2 2000 financial results of Hüvitusfond will be published in week 

33.





Jaanus Kosemaa

PR manager

+372 66 51 800