Last update: 28.11.2024 23:19 (GMT+2)

TSE: CORRECTED RELEASE ABOUT ESTIKO TAKEOVER

06.05.2002, Nasdaq Tallinn, TLN

Tallinna Börs CORRECTIVE RELEASE 05/06/2002

CORRECTED RELEASE ABOUT ESTIKO TAKEOVER BID

In previously discloused announcement about approving takeover bid
to AS Estiko shareholders there was a mistake in beginning date of the
takeover bid. The correct sentence would be "The take-over bid acceptance
period lasts from May 07, 2002 until June 07, 2002".

Corrected announcement follows.
--------------------------------------------------------------

Tallinna Börs NEWS RELEASE 05/06/2002

TAKEOVER BID TO ESTIKO SHAREHOLDERS APPROVED

On May 06, 2002 Tallinn Stock Exchange Take-over Committee approved
the announcement on take-over bid to shareholders of AS Estiko
by AS Rondam, and the respective take-over prospectus.

According to the Take-over Committee's decision, the announcement
on take-over bid and the take-over prospectus are to be published
not later than on Tuesday, May 07, 2002.

Furthermore, the offeror must also publish the announcement on
take-over bid in at least one nationally circulated daily newspaper
not later than on Tuesday, May 07, 2002.

The take-over bid acceptance period lasts from May 07, 2002 until
June 07, 2002 and the purchase price is EEK 8.50 per listed E-share and
EEK 10.00 per B1-share.


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