TALLINN STOCK EXCHANGE

ANNOUNCEMENT

 

CHANGES IN SUBSTANTIAL SHAREHOLDINGS

 

As of 09.07.2001 the following significant changes have taken place 

in the ownership structure of the companies listed on the Tallinn 

Stock Exchange, compared with the standings disclosed earlier.

 

The levels of 5%, 10%, 20%, 33%, 50% and 66% are considered to be 

significant.

 

 

Issuer                              Previously   Per cent of  

                            disclosed per cent  shares as of

   Shareholder                       of shares    09.07.2001

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KALEV (7 877 500 shares)

 

   Hüvitusfond                        10.25        alla 5

   OÜ Nante Holding                   10.24         21.79

      OÜ Nante Holding                                 11.56

      OÜ Nante Holding                                 10.23

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XXL AS (1 000 000 shares)

 

   Cc Computer Oü                     44.37        alla 5

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TSE