TALLINNA KÜLMHOONE

ANNOUNCEMENT



RESOLUTIONS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS



The annual general meeting of Tallinna Külmhoone AS shareholders was 

held on 20.06.2000. AGM made the following resolutions:



1.to adopt 2000 financial reports (balance sheet size EEK 198.856 mln; 

net profit EEK 14.241 mln), management report and auditor's 

report.



2.not to pay dividends for 2000 financial year; to carry EEK 1 mln 

to the reserve fund account, and to carry the remaining portion of 

net profit in the amount of EEK 13.241 mln to the account of retained 

earnings.



3.to appoint AS PriceWaterhouseCoopers to audit the financial

reports of Tallinna Külmhoone AS in 2001.



4.to recall Supervisory Board members Malle Kanarik and Rein Nigul. 

Thus, the Supervisory Board will continue with 7 members.





Evald Karu

Management Board member

+372 6 057 800