TALLINN STOCK EXCHANGE

ANNOUNCEMENT

 

CHANGES IN SUBSTANTIAL SHAREHOLDINGS

 

As of 14.02.00, the following significant changes have taken place 

in the ownership structure of the companies listed on the Tallinn 

Stock Exchange, compared with the standings disclosed earlier.

 

The levels of 5%, 10%, 20%, 33%, 50% and 66% are considered to be 

significant.

 

 

Issuer                              Previously    Per cent of  

                            disclosed per cent    shares as of     

   Shareholder                       of shares    14.02.00 

--------------------------------------------------------------

ESTIKO (5 978 146 shares)

 

Falken Limited S.A.                  below 5          5.84

 

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KALEV (7 877 500 shares)

 

Optiva Pank                             8.24       below 5

OÜ Nante Holding                      alla 5         10.24

 

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NORMA (13 200 000 aktsiat)

 

Autoliv AB                              49.5         51

 

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TSE