Norma                    NEWS RELEASE                     21.10.2004



COMMENTARY ON ARTICLE IN ÄRIPÄEV



The management board of AS Norma has not discussed the payment of 

extraordinary dividends and hence there is no decision to make such 

a proposal to the supervisory board of AS Norma. 



The management board will discuss the distribution of profits after 

the results for the year are clear. The shareholders will be informed 

of the management board’s proposal to the supervisory board of 

AS Norma via the stock exchange system.



Peep Siimon

Chairman of Management Board

650 0444