TALLINNA KAUBAMAJA AS

ANNOUNCEMENT

08.06.99

 

RESOLUTIONS OF THE ANNUAL GENERAL MEETING OF AS A-SELVER SHAREHOLDERS

 

The sole shareholders of A-Selver AS, Tallinna Kaubamaja AS, resolved 

on the 7/6/99 annual meeting:

 

· To increase the volume of share capital of A-Selver AS by fifteen 

million five-hundred thousand (15 500 000) kroons (to the level of 

EEK 22 000 000) via additional payment by sole shareholder Tallinna 

Kaubamaja AS, thus increasing the number of shares by fifteen 

thousand five-hundred (15 500) shares (to 22 000 shares).

 

· The minimum volume of the company’s share capital is 20 000 000 

(twenty million) EEK and maximum amount 80 000 000 (eighty million) 

EEK.

 

· Recall a member of the Supervisory Board of A-Selver AS, Indrek 

Neivelt. Elect Andres Järving a new member of the Supervisory Board 

of A-Selver AS.

 

 

Urmo Vallner

Member of the Management Board

+372 6 400 200