Estonian,   Latvian   and   Lithuanian   stock  exchanges  revised  the

composition  of  the  Baltic List, adding two new companies Pro Kapital

and Tallinna Kaubamaja to the list of Balticblue-chip securities.

Changes are effective as of April 1, 2000.

As  of  March  15,  2000, the total market capitalisation of the Baltic

List stood at EUR 2.9 billion (EUR 1.9 billion as of December 15, 1999)

Baltic List

Company Home stock exchange Market cap (mln EUR) Profile

as of 15.03.2000

1. Balta RSE 31.2 non-life insurance

2. Eesti Telekom TSE 1314.9 telecommunications

3. Eesti Ühispank TSE 143.8 banking

4. Hansapank TSE 699.7 banking

5. Kalnapilis NSEL 30.3 brewery

6. Lavijas Gaze RSE 151.0 energy

7. Latvijas Unibanka RSE 115.2 banking

8. Norma TSE 37.7 vehicle components

9. Optiva Pank TSE 25.2 banking

10. Pro Kapital TSE 58.4 real estate development

11. Rokiskio suris NSEL 28.5 dairy products

12. Tallinna Kaubamaja TSE 18.7 retail sales

13. Utenos trikotazas NSEL 21.1 knitwear

14. Ventspils nafta RSE 120.3 oil transhipment facility

15. Vilniaus bankas NSEL 133.4 banking

Additional  information  on  the Baltic list companies can be retrieved

from the Internet homepage of the three

Exchanges:

Riga Stock Exchange: <a href='http://www.rfb.lv/balticlist/' target='_blank'>http://www.rfb.lv/balticlist/</a>

Tallinn Stock Exchange: <a href='http://www.tse.ee/baltic.html' target='_blank'>http://www.tse.ee/baltic.html</a>

National Stock Exchange of Lithuania:

<a href='http://www.nse.lt/beta/balticlist_e.htm' target='_blank'>http://www.nse.lt/beta/balticlist_e.htm</a>

Additional information:

Eva Palu

Head of Investor Relations Dpt

Tallinn Stock Exchange

Tel: +372 6 408 840

Ilze Nagla

Head of Public Relations Dpt

Riga Stock Exchange

Tel:    +371 7212 431

     +371 926 7454 (direct)

Diana Sokolova

Public Relations Manager

National Stock Exchange of Lithuania

Tel:    +370 2 72 38 71

     +370 2 72 13 71 (direct)