Tallinna Kaubamaja            NEWS RELEASE                      03/09/2004



RESULTS OF A-SELVER IN FEBRUARY 2004



The unaudited gross sales of A-Selver for February 2004 were 101.5 million

kroons (6.5 million euros), showing an increase of 24 per cent over the same

period last year, when the sales were 81.9 million kroons (5.2 million

euros).



The number of purchases in Selver chain were 22.3 per cent higher than last

year, i.e. the growth of the sales exceeded the growth of the number of

purchases.



The source for the growth of both the sales and the number of purchases were

improved assortment of goods and an increase of the proportion of the

production of the entity Selver Couisine in total sales.





Katrin Mühls

CFO

6 673 200