Klementi                      NEWS RELEASE                      08/05/2003



AS KLEMENTI SUBSIDIARY IN SWEDEN



Pursuant to the decision of the supervisory board of AS Klementi, the company 

has decided to establish an independent subsidiary in Sweden with a view to 

providing better service to the Swedish wholesale clients.

On 31 July 2003 AS Klementi acquired non-active company Nybyggaren 10:1000 

AB. The new business name of the company will be Klementi Trading AB.



The share capital of Klementi Trading AB is SEK 100,000. AS Klementi owns 

100% of the company’s shares. 

Members of the supervisory board of Klementi Trading AB are Toomas Leis 

(chairman) and Leif Hill and the substitute member is Evelin Lelmi. The 

director of Klementi Trading AB is Leif Hill.





Toomas Leis

Director

+372 6710 700