Tallinn Stock Exchange          NEWS RELEASE                    18.04.2005



CHANGES IN SUBSTANTIAL SHAREHOLDINGS



As of 18.04.2005 the following significant changes have taken place in the 

ownership structure of the companies listed on the Tallinn Stock Exchange, 

compared with the standings disclosed earlier.

 

The levels of 5%, 10%, 20%, 33%, 50% and 66% are considered to be 

significant.

 

 

Issuer                       Previously     Per cent of 

                     disclosed per cent    shares as of

   Shareholder                of shares      18.04.2005 

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

Baltika (5 633 950 shares)



   Customers of The Bank of Bermuda

                                  34.18         below 5



   HSBC Bank Plc/ Baltic Republics Fund

                                below 5           35.72



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Viisnurk (4 499 061 shares)



   Bank Of Bermuda (Guernsey) Limited Clients Account

                                  59.47         below 5



   HSBC Bank Plc/ Baltic Republics Fund

                                below 5           59.47



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