AS ESTIKO

ANNOUNCEMENT

09.04.99

 

ANNUAL GENERAL MEETING OF AS ESTIKO SHAREHOLDERS 

 

Annual general meeting of AS Estiko (address Tehase 16, Tartu, 

registration code 10000356) shareholders will take place on April 22, 

1999, in the small building of theater "Vanemuine" (address Vanemuise 

street 45a, Tartu), beginning at 11.00 AM. The registration will begin 

at the same location at 10.00 AM. Before the beginning of the meeting 

and during the breaks, AS Estiko serves coffee to the shareholders in 

oval hall and café of theater "Vanemuine".

 

Agenda:

1. Appointment of chairman and recorders of the meeting.

2. Election of polling committee.

3. Confirmation of the legal capacity of the meeting.

4. Management Board’s report about the activities of AS Estiko in 1998. 

5. AS Estiko Management report.

6. Supervisory Board report.

7. Approval of the balance sheet, income statement, management report 

and profit distribution principles.

8. Recall of AS Estiko Supervisory Board members.

9. Election of AS Estiko Supervisory Board members.

10. Approval of the Supervisory and Management Boards’ expense budget 

for 1999.

11. Approval of auditor to conduct the audit on 1999 financial reports.

12. Approval of the guaranteed dividend yield for preferred shares in 

1999.

13. Approval of interest rates on bonds for 1999.

Due to the items on the agenda regarding the pre-schedule recall and 

election of the Supervisory Board, the minutes of the AGM must be 

notarially verified. All participants need to bring passports (new 

driving license with photo and ID code is also valid), whereas the 

representatives also need to present the following originals of the 

documents proving the representation right:

· representative of legal entity shareholder registered in Estonia: 

registry card issued by the court’s registry department (not more than 

15 days earlier).

· representative of foreign legal entity shareholder: legalized 

documents verifying representation rights and existence of the legal 

entity, registered in the Estonian embassy in the foreign shareholder’s 

home country, or Estonian Ministry of Foreign Affairs (organization 

contract, registration certificate, etc.).

· if the members of the management board or proxy of legal entity 

shareholder will not attend the meeting, then the representative also 

needs to present a respective authorization issued by the management 

board or other equivalent body.

 

The proxies issued for the AGM, which was to be held on April 1, 1999, 

are not valid for the AGM of April 22, 1999. If you are represented by 

a proxy holder, please renew the respective proxy (it should contain 

the ID codes of both the issuer and holder of the proxy).

 

The 1998 annual report of AS Estiko is available for introduction 

during workdays between 9-16 in the administration of AS Estiko (Tehase 

16, Tartu). The annual report is available in electronic form at: 

<a href='http://www.tse.ee' target='_blank'>http://www.tse.ee</a>

ewscompany

 

 

Ilona Leib

Information Manager

AS Estiko group

Tel +372 747 3649