Eesti Post                    NEWS RELEASE                      08/03/2004



NEW MEMBER OF THE MANAGEMENT BOARD



On 30 July, the supervisory board of AS Eesti Post elected as a new member

of the management board of the company Leon Jankelevitsh, a current member

of the management of the auditing company AS PricewaterhouseCoopers.



Jankelevitch, who was selected from among 14 candidates by way of public

competition, will also perform the tasks of the financial director of the

company.  Jüri Ehasalu, the chairman of the supervisory board of Eesti Post,

considered the competition intense and successful.  When selecting Leon

Jankelevitsh, the supervisory board above all valued his extensive

experience in international financial management.



"The supervisory board decided that the monthly remuneration of the new

member of the management board would be EEK 45,000, which would be EEK 4000

less than before", said Jüri Ehasalu. "Taking into account the economisation

on costs practiced in Eesti Post over the last year, this is natural

andjustified."



Since 1994, Leon Jankelevitsh (29) has been working as an audit manager

consultant and marketing manager in AS PricewaterhouseCoopers and has been

the main organiser of the Pärnu Finance Conference. Jankelevitsh has an MBA

degree (Heriot-Watt University Edinburgh Business School).  He is married

and a father to a daughter. 



Leon Jankelevitsh will assume his position in AS Eesti Post on 1 September,

when the commission of Reet Rohtla, the current member of the management

board and financial director expires in relation to her retirement.





Inge Rumessen

Director of Communications

507 0944