Tallinna Börs                 NEWS RELEASE                      05/27/2002



DECISIONS OF AGM OF TSE



Annual general meeting of Tallinn Stock Exchange was held on May 27, 2002.

AGM decided the following.



1. AGM approved the activities of TSE in year 2001 and adoped the annual

report of 2001. AGM decided not to allocate the profit. The consolidated

audited net result for HEX Tallinn, the group uniting Tallinn Stock Exchange

and Estonian CSD, was a loss of EEK -0.58 million (EUR -0.04 million) in

2001.  



2. AGM amended the Articles of Association of TSE according to which the

business name of Tallinna Väärtpaberibörsi AS shall be AS Tallinna Börs.

Articles regulating Listing Committee and Surveillance Committee were removed

from the Articles of Association. The changes will become effective after

they have been registered with the Business Register.





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