VIISNURK

ANNOUNCEMENT



EXTENSION OF THE SUBSCRIPTION PERIOD OF THE SHARE ISSUE



During the period of Viisnurk’s share issue numerous

investors took active interest in investing into Viisnurk.

At the same time investors’ decisions were influenced by the

deep fall in the equity markets and increased volatility in

share prices. As the negative trends continued in the equity

markets last week and at the beginning of this week, some of

the investors decided to delay their investment decisions.

Therefore, Viisnurk’s share issue will not be fully

subscribed by the end of the subscription period.



Viisnurk’s management board has thus decided to extend the

subscription period of the public share issue until 1

October 2001 and to focus on financial investors that are

interested in acquiring substantial part of the public

issue. The issue will be open to all investors for

subscription until 1 October 2001. Other terms and

conditions of the public share issue will remain unchanged.



Additional information

Kristel Kivinurm

Director

Trigon Markets

Tel 372 6679208

Email kristel@trigon.ee





Andrus Aljas

CFO

372 44 78355