Baltic Investment Group             STOCK EXCHANGE NOTICE              06.10.05



EXTRAORDINARY MEETING OF SHAREHOLDERS



An extraordinary meeting of shareholders of AS Balti Investeeringute Grupp (BIG)

was held on 5 October 2005.



The decision was taken at the meeting to expand BIG's board to five members.



New members:

Meelis Luht

Education:            University of Tartu, Faculty of Economics and Business

                      Administration: Trade and Marketing

Employment history:

1997-                 AS Eesti Meedia, member of the board, Finance Director



Linda Terras

Education:            University of Tartu, Faculty of Economics and Business

                      Administration: Finance and Credit

Employment history:

1993-31.08.2005       AS Flora Kommerts, chief accountant

01.09.2005            not working



Neither of the new board members owns shares in the company.



The other board members of the Baltic Investment Group are Parvel Pruunsild,

Vahur Voll and Juhani Jaeger.



The new wording of the public limited company's articles of association was also

confirmed at the meeting. The amended articles of association were brought into

compliance with the provisions of the laws governing credit institutions.





Further information:

Targo Raus

Chairman of the Board

Phone: 630 9938