Tallinna Börs                 NEWS RELEASE                      02/23/2004



PROCEDURES FOR LISTING FENNIGER BONDS



In accordance with the documents received on 23.02.2004, the Tallinn 

Stock Exchange (TSE) started the procedures for listing 237 bonds of 

AS Fenniger (with nominal value of EUR 10,000) on the TSE Bonds List.

 

TSE will publish the resolutions of the TSE Listing and Surveillance 

Committee made during the listing procedure.





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