AS Harju Elekter                 ANNOUNCEMENT                   2005-04-05



Financial income from PKC Oyj shares



On the last trading day, March 31, 2005, PKC Oyj share was closed at the level

of EUR 10,40. Harju Elekter has 1.86 million PKC shares in its ownership. Due

to the EUR 0,15 increase in the share price during the Q1 of 2005, the company

gained additional financial income in the amount of EEK 4.4 million or EUR

0.28 million (Q1 2004: EEK 31.6 million or EUR 2.0 million).



PKC Group paid dividends for 2004 0,2 euros (3,1 kroons) per share and

dividends in the total amount of EEK 4.95 million or EUR 0.3 million – will

transfer to the shareholders bank accounts on 5 April, 2005. In Q1 2004 Harju

Elekter received PKC dividends for 2003 in the total amount of EEK 19.4

million (EUR 1.2 million).





Andres Allikmäe

Chairman of the Board

+372 6747 400



For more information: Karin Padjus (chef accountant, member of the Board) tel

+372 6747 403