Tallinna Vesi                  Stock Exchange Release             November 9, 2005



            Additional information on the agenda of Tallinna Vesi's EGM



The Supervisory Council of AS  Tallinna  Vesi  has approved the agenda of the

extraordinary general meeting that will take place on November 22nd as follows:



1. Election of Mrs. Helo Meigas as an independent Supervisory Council member;

Since September 2004 Helo Meigas (born 1965)  is  employed  by  Hansabank  as  the

Managing Director of the Investment Management Division. She is also a  member  of

Executive Team of Hansabank Estonia. Prior Hansabank Helo Meigas was  working  for

almost four years as an Engagement Manager in McKinsey & Co, Finland.

Helo Meigas has a B.A. degree in Roman-Germanic languages from  Tartu  University.

She has also graduated from Estonian School of Diplomacy  and  has  M.A.L.D.  from

Fletcher School, Tufts University, USA.

Helo Meigas is the Chairman of Supervisory Council of  Hansa  Life Insurance and

the Chairman of the Supervisory Council of Hansa Investment Funds.



2. Election of Mr. Valdur Laid as an independent Supervisory Council member;

Since 2002, Valdur Laid (born 1969) is employed by Elion Enterprises  Ltd  (former

Estonian Telephone Company) as the CFO and a member of the  Management  Board.  In

February 2004 Valdur Laid  was  appointed  the  Managing  Director  of  Elion.  He

continued as the member of the management board.

Valur Laid graduated cum  laude  from  the  Department  of  Economics  of  Tallinn

University of Technology and has an MBA degree from IMD  (International  Institute

of Management Development) in Lausanne, Switzerland.

Valdur Laid is the member of the Supervisory Council of EMT Ltd  (Estonian  Mobile

Telephone Company).



3. Remuneration of Supervisory Council members

The Management Board of AS Tallinna Vesi proposes to the shareholders that the

payments for Supervisory Council members should be set at 100,000 kroons per

year. The fee is subject to deduction and payment of taxes set  out  by  laws  and

would be payable monthly. Additionally, appropriate expenses (e.g.  travelling,

accommodation) incurred in connection with attending the meetings  would  also  be

compensated to the Supervisory Council members.

The Management Board has reviewed the fees paid to Supervisory Council members  of

the other companies listed on the Tallinn Stock Exchange and the  payments  made

range from 9,000 kroons to 25,000 kroons per meeting.

As a general rule, AS Tallinna Vesi has  five  Supervisory  Council meetings per

year. However, the Supervisory Council members are also expected to attend the

shareholders' general meetings and regularly update their knowledge about AS

Tallinna Vesi.



AS Tallinna Vesi Extraordinary General Meeting of the Shareholders  will  be  held

on Tuesday 22nd November, 2005 at 2 p.m. in the  Reval  Hotel  Olümpia  conference

centre (address Liivalaia 33, Tallinn) in room Gamma.





Eteri Harring

Head of Treasury and IR

Ph: + 372 6262 225

eteri.harring@tvesi.ee



Karita Sall

PR manager

Ph: + 372 6262 209

karita.sall@tvesi.ee