Eesti Telekom                 NEWS RELEASE                      09/03/2002



INTENTION TO NOMINATE AS EMT AS A COMPANY WITH SMP



On  September  3rd,  Estonian National Communications  Board

presented a letter to AS EMT, in which, according to  the  §

8,   section   4   of   the   Telecommunication   Law,   the

Communications Board announces its intention to pronounce AS

EMT  to a company with significant market power for the year

2003,  in  the national area of the general mobile  services

market.



The  basis  for the nomination as a company with significant

market  power is point 2 of section 1 of § 8 of the  already

mentioned Estonian Telecommunication Law, and sections 8 and

9 of  § 6 of the regulation No.  116  " Rules for evaluation

of  competition  terms and determination of the  markets  of

telecommunication services for nomination of a company  with

significant  market power" by the Minister of Transport  and

Communications, dated December 19, 2000.



According to the Estonian Telecommunication Law, AS EMT has

two months time to present a written opinion about its

nomination as a company with significant market.



AS  EMT  finds its activities to be in accordance  with  the

rules of free competition. As a proof of that, nomination of

AS  EMT  as a company with SMP in the national area  of  the

general  mobile services market in 2001 (for the year  2002)

has  given  no  reason  for  the  Communications  Board   to

intervene into activities of the company. The opinion of  as

EMT is that there is no need for regulation in a market with

normal self-regulation.





Hille Võrk

Financial manager

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