AS Kalev                  Stock Exchange Release                 23.11.2005



Ordinary general meeting of the shareholders



The ordinary general meeting of the shareholders of AS Kalev (located at 

Põrguvälja tee 6, Lehmja, Rae parish, Harju county) will be held on 

14 December 2005 at 18:00 in the company’s premises at Põrguvälja tee 6, 

Lehmja, Rae parish, Harju county.





Agenda of the meeting:



1. Election of the Supervisory Board member. Marko Kaha, Financial 

   Director of Skanska EMV AS is the candidate for the member of the 

   Supervisory Board of AS Kalev.



2. Approval of the Annual Report



3. Profit allocation



4. Appointment of an auditor. Ernst & Young Baltic AS is the candidate.





Registration of participants will commence at 17:00. Shareholders and/or 

their representatives will be asked to present a personal identification 

document as well as a document verifying their right of representation.



The Annual Report of AS Kalev for the financial year 2004/2005 is 

available in the company’s office (at Põrguvälja tee 6, Lehmja, Rae 

parish, Harju county) on working days from 9:00 to 16:00, and on the 

Tallinn Stock Exchange web page at <a href='http://www.ee.omxgroup.com' target='_blank'>http://www.ee.omxgroup.com</a> for two weeks 

before the general meeting of the shareholders.





Ruth Roht

PR manager

+372 6 077 858