Tallinna Kaubamaja            NEWS RELEASE                      04/19/2004



RESULTS OF A-SELVER IN MARCH 2004



The unaudited gross sales of A-Selver for March 2004 were 120 million kroons

(7.7 million euros), showing an increase of 27 per cent over the same period

last year, when the sales were 94.6 million kroons (6.1 million euros).



The number of purchases in Selver chain were 24.2 per cent higher than last

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

purchases by 3 roughly per cent, showing an increase in average purchase.



The main source for the sharp increase in the sales of the Selver chain in

March was the well-known marketing campaign called Fair Days focusing on

very good prices.





Katrin Mühls

CFO

+372 6 673 200