Viisnurk                         ANNOUNCEMENT                         26.04.2005



Sale of Sporting Goods Division's machinery and Visu trademark



AS Viisnurk has signed an agreement to sell its Sporting Goods Division's

machinery to JSC EFSI Ltd. After negotiations with different potential buyers,

JSC EFSI Ltd was chosen due to its best-offered price and payment terms. National

Sports Company "EFSI  Ltd" is a leading producer of sporting equipment and goods

in Russia.

The divestment included sale of both ski and hockey stick production related

machinery. Land and real estate of the Sporting Goods Division was not part of

the sale. Viisnurk has received prepayment for the the machinery and machinery

disassembly work has begun.



AS Viisnurk has signed an agreement to sell its Visu trademark to OÜ A2K Sport.

A2K Sport is an Estonian based wholesale dealer of different winter sports goods.

A2K Sport is a distributor for such well-known brands as Alpina, Rottefella,

Start, Exel, Roces and Hyper. The clients of A2K Sport are all major sporting

good retailers in Estonia and larger sporting goods shops in Latvia and

Lithuania.



The sales value of the signed agreements does not exceed 10% of AS Viisnurk's

year 2003 audited consolidated equity and the transactions have no extraordinary

influence on AS Viisnurk's financial results.





Additional information:



Andrus Aljas

AS Viisnurk

Member of Management Board

447 8355



Vjtaliy Prikhodchenko

JSC EFSI Ltd

PR Manager

+7 095 748 68 56



Kaupo Koplus

OÜ A2K Sport

Managing Director

445 2935



Amish Mody

AS Trigon Capital

Associate Director

6679200