Tallinna Börs                 NEWS RELEASE                      03/25/2002



DISCONTINUING OPTION MARKET STATISTICS



As of March 2002 Tallinn Stock Exchange (TSE) discontinued publishing 

monthly statistics on option market. The statistics contained the open 

positions of options concluded by TSE member firms with TSE-traded 

securities. 



In order to compile sufficiently informative statistics on derivative 

instruments for making investment decisions, the Exchange would have to 

expand substantially the scope of published information and variety of 

derivative instruments. Publishing information by single type of 

instruments could become misleading in case of rapidly growing supply 

of different derivative products. 



The data and the means of control necessary for compiling the proper 

statistics on derivative instruments and ensuring the correctness of 

it are available only to the state supervisory authority. Due to the 

above, TSE has made a proposal to the Financial Supervisory Authority 

to consider the collection and disclosure of such information.





Tallinn Stock Exchange

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