TALLINN STOCK EXCHANGE

ANNOUNCEMENT

10.05.99

 

CHANGES IN SUBSTANTIAL SHAREHOLDINGS

 

As of 10.05.99, the following significant changes have taken place 

in 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      

   Shareholder                       of shares    10.05.99 

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OPTIVA PANK ( 41,255,870 shares)

 

OÜ Immerman                              7.78     below 5

Eesti Ühispank                          11.42       21.54 

   Eesti Ühispank AS (Trading)                          0.23

   Eesti Ühispank AS Corp. Fin                         13.56

   Eesti Ühispank AS Option                             0.18

   Eesti Ühispank So                                    7.78 

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TSE