Tallinn Stock Exchange              TRADING                    03/01/2005



MEMBER FIRMS' TRADING ACTIVITY 12/2004



TALLINN AND RIGA MEMBER FIRMS' TRADING ACTIVITY 12/2004



Trading Member             Number of       Turnover of        Turnover of 

                     transactions, %     automatically         negotiated

                                      matched deals, %           deals, %

-------------------------------------------------------------------------



Baltijas Tranzitu banka       0.31%              0.02%              0.00%

Carnegie Investment Bank AB   0.13%              0.22%              0.00%

Credit Suisse First Boston    0.23%              0.50%              0.00%

Eesti Ühispank               10.22%              6.88%             10.77%

Fischer                       0.01%              0.00%              0.00%

Hansabanka                   12.23%              1.50%              0.59%

Hansapank                    26.24%             51.14%             54.16%

Hipoteku banka                6.82%              0.42%              0.00%

Latvijas Krajbanka           13.12%              0.88%              0.00%

Latvijas Unibanka             9.66%              1.04%              1.43%

Lõhmus, Haavel & Viisemann    1.31%              0.44%              0.12%

Multibanka                    0.75%              0.03%              0.00%

Nord/LB                       0.37%              0.02%              0.00%

Nordea Bank                   1.74%              3.05%              0.09%

Parekss banka                 3.06%              0.29%              1.24%

RB Securities                 0.13%              0.01%              0.00%

Sampo Pank                    1.19%              0.86%              0.30%

SBM Pank                      0.10%              0.05%              0.00%

Suprema Securities           11.04%             29.26%             30.97%

Trigon Securities             1.34%              3.40%              0.32%

-------------------------------------------------------------------------

Total                       100.00%            100.00%            100.00%





TALLINN MEMBER FIRMS' TRADING ACTIVITY 12/2004



Trading Member             Number of       Turnover of        Turnover of 

                     transactions, %     automatically         negotiated

                                      matched deals, %           deals, %

-------------------------------------------------------------------------



Carnegie Investment Bank AB   0.26%              0.24%              0.00%

Credit Suisse First Boston    0.48%              0.53%              0.00%

Eesti Ühispank               20.41%              7.25%             10.24%

Fischer                       0.02%              0.00%              0.00%

Hansapank                    54.42%             54.10%             58.63%

Latvijas Unibanka             0.70%              0.13%              0.00%

Lõhmus, Haavel & Viisemann    2.68%              0.46%              0.13%

Nordea Bank                   3.27%              3.22%              0.00%

Sampo Pank                    2.46%              0.92%              0.33%

SBM Pank                      0.20%              0.06%              0.00%

Suprema Securities           12.32%             29.51%             30.32%

Trigon Securities             2.77%              3.60%              0.34%

-------------------------------------------------------------------------

Total                       100.00%            100.00%            100.00%



Table of trading activity is available <a href='http://market.ee.omxgroup.com/?pg=trading' target='_blank'>http://market.ee.omxgroup.com/?pg=trading</a>





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