AS Tallink Grupp           Stock Exchange Release                  14.12.2005



Termination of the agreement with related party



Tallinn Stockholm Line Limited, a subsidiary of AS Tallink Grupp, prepaid 

the loan to AS Infortar whereby the loan agreement is terminated. The above 

mentioned borrowing was made in 2002 and the scheduled maturity according to 

the agreement was 31.07.2007.  The prepaid amount was EEK 24.9 millions. 

No penalties nor additional fees were paid for the prepayment.