SAKU ÕLLETEHAS

REPORT



GROUP STATEMENT OF CHANGES IN EQUITY, 9M 2000



(in EEK thousand)



                                   Group*   Group*    Group    Group

                                  9m 2000  9m 1999     1999     1998

                                                           corrected



Share capital                      80,000   80,000   80,000   80,000

Reserve capital, beginning balance  8,000    8,000    8,000    8,002

Increase in retained earnings                                     -2

Reserve capital, closing balance    8,000    8,000    8,000    8,000

Other reserves                     44,070   44,070   44,070   44,070

Retained earnings, beginning 

balance                           186,801  157,792  157,792  114,109

Dividends paid                    -40,000  -32,000  -32,000  -16,000

Income tax paid from dividends     -4,625

Provisions from reserve capital                                    2

Balance of deferred income tax liability                      15,984

Retained earnings,

closing balance                   142,176  125,792  125,792  114,095

Net profit for financial year      63,380   53,054   61,009   43,697



Total owners' equity              337,626  310,916  318,871  289,862



* - consolidated, unaudited





Ruth Roht

Public Relations Manager

+372 65 08 303