Harju Elekter                 NEWS RELEASE                      01/16/2004



PUBLICATION OF FINANCIAL REPORTS IN 2004



Harju Elekter will publish the 2003 unaudited consolidated financial

results in the week 9.



During the year 2004 Harju Elekter will publish 3 interim reports:



1-3/2004    week 19

1-6/2004    week 32

1-9/2004    week 45



After their release through the stock exchange information system all

Harju Elekter’s announcements are also available on company’s internet

homepage at <a href='http://www.harjuelekter.ee' target='_blank'>http://www.harjuelekter.ee</a>







Andres Allikmäe

Chairman of the Board

+372 6747 400





Moonika Vetevool

PR manager

+372 6712 761