Tallinna Kaubamaja                  ANNOUNCEMENT                       22.02.2005



PURCHASE OF LAND IN KEILA



On 15th of February Tallinna Kaubamaja Kinnisvara AS, full subsidiary of Tallinna

Kaubamaja AS, bought land in Keila: real estate and building with the address of

Piiri 12 and an adjoining building together with surrounding land with the

address of Piiri 12A. The size of land totals 15 000 sq m.





Katrin Mühls

CFO and Sales Director

Tallinna Kaubamaja AS

phone: +372 6 673 200