EVEA PANK

ANNOUNCEMENT

26.11.98

 

DECISIONS OF THE EXTRAORDINARY GENERAL MEETING OF THE EVEA PANGA AS 

SHAREHOLDERS

 

56 shareholders (7.34% of the total number of shareholders) 

representing 5 461 519 votes (72.82% of the total votes) registered to 

participate on the extraordinary general meeting of the EVEA Panga AS 

shareholders.

 

The decision of the extraordinary general meeting of the EVEA Panga AS 

shareholders:

 

CLAUSE 1. OF THE AGENDA:

EVEA Panga AS Management Board’s presentation about the financial 

situation of the bank.

 

Considering the unexpected change in the bankruptcy procedure of EVEA 

Panga AS as well as the changes on the international bond and money 

markets, which have a considerable influence on the assets of EVEA 

Panga AS, and the evaluations of the volume of the loss occurred, to 

make a break on the extraordinary general meeting, and continue with 

the extraordinary general meeting on December 7, 1998, at 16:00, with 

the agenda announced for the extraordinary general meeting of November 

26, 1998. The postponed extraordinary general meeting will take place 

at EVEA Pank (address Pronksi 19, Tallinn). The registration will begin 

at 15:00. The shareholders registered in the register book by December 

7, 1998, at 8:00, have a right to participate on the meeting.

 

56 shareholders with 5,461,519 votes (100,00% of the represented 

votes)participated on voting on the 1. clause of the agenda. The 

results of voting were the following:

For 5,456,634  votes (99.91%)

No votes against

Neutral 800 votes (0,015%)

Did not vote 4085 votes (0,075%)

 

 

Margus Tilga

Chairman of the Management Board

tel. +372 667 1200