HÜVITUSFOND

ANNOUNCEMENT

04.11.99

 

SALE OF SUBSTANTIAL SHAREHOLDING

 

Hüvitusfond sold its 49% shareholding in Latvian fish processing company 

Brivais Vilnis, acquired earlier this fall for reselling purposes. The 

shares were bought by Brivais Vilnis' major client. In accordance 

with the agreement between the parties, the terms and conditions of the 

transaction are confidential. The transaction was profitable to 

Hüvitusfond.

 

 

Jaanus Kosemaa

Public Relations Manager

Hüvitusfond

+372 66 51 800, 824, +372 51 04 614