Tallinna Börs                 NEWS RELEASE                      30/12/2004



Fischer starts trading on TSE



Fischer Partners Fondkommission AB (FIP) (Fischer) will start trading on 

Tallinn Stock Exchange on December 31, 2004.



Fischer is one of the leading brokers in Scandinavian securities 

markets; the company was founded in 1984. 



Fischer was granted TSE membership status in November 2004. 



Tallinn Stock Exchange now has 15 members, including seven members trading from abroad. 

Four new members have joined the exchange in year 2004. 





Tallinn Stock Exchange

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