Eesti Telekom                    NEWS RELEASE                         29.11.2004



ELION WAS DECLARED SMP



On 29th November, the Communications Board declared Elion Enterprises  Ltd  as  an

operator with significant market power (SMP) for  2005  in  the  public  telephone

service market, public leased line  service  market,  and  public  interconnection

service market.



The Communications Board based the determination of operators with significant

market power for 2005 on the market shares of 2003. The market share of Elion

Enterprises Ltd amounted to 82.68% on the telephoneservices market, 76.20% 

on the leased line service market, and 34.02% on the interconnection service 

market.



Elion Ettevõtted AS had also been declared  for  2001,  2002,  2003  and  2004  as

an operator with significant market power in the public telephone service  market,

public leased line service market, and public interconnection service market.  The

decision to pronounce Elion Ettevõtted AS to a  company  with  significant  market

power in the three markets also for 2005 is not surprising for the company.





Hille Võrk

Financial Manager

+372 6 272 460