Kalev                         NEWS RELEASE                      02/25/2003



EXTRAORDINARY MEETING OF SHAREHOLDERS



AS Milestone, the shareholder of AS Kalev (located at 

Pärnu mnt. 139, Tallinn) requires summoning an extraordinary 

meeting of the shareholders of AS Kalev. The extraordinary 

meeting will take place on March 4, at 11:00, on the premises 

of the Kalev Museum at Pärnu mnt. 139/Kohila 2a Tallinn.



Agenda of the meeting:



1. Making a decision on the conduct of a special audit of 

issues related to the management and financial position of 

AS Kalev, appointing the auditor for the special audit as 

well as establishing procedures for payment of and amount 

of remuneration to the auditor for the special audit.





Registration of participants will start at 10:00. 

For registration, shareholders will have to submit their 

personal identification documents, and representatives of 

shareholders will have to submit a duly prepared letter 

of authorisation. We ask shareholders, who are legal persons, 

to submit, for registration, a valid B-card of the Commercial 

Register, and their representatives to submit personal 

identification documents and letters of authorisation.





Ruth Roht

PR manager

+372 6283 858