Tallinn Stock Exchange           ANNOUNCEMENT                   29.07.2005



ABOUT THE PRICE STABILIZATION OF AS STARMAN SHARES



According to the terms and conditions of the initial public offering of

AS Starman shares, during the first 30 trading days (starting 28.06.2005)

on the Tallinn Stock Exchange, AS Hansapank had the right to conclude

transactions that stabilize or keep the share price on level, which is

higher than prevailing share price on the market.



According to the guidelines issued by Estonian Financial Supervision

Authority (EFSA), “The price stabilization of securities in public

offering”, AS Hansapank announced on 28th of July 2005 that AS Hansapank

did not stabilize share price of AS Starman during the mentioned period.



According to the guidelines by EFSA (clause 2.7), price stabilization

means making a buy-offer or buying the offered securities or concluding

transaction regarding related securities, which takes place in connection

with the public offering to guarantee the market price, that wouldn’t be

prevailing otherwise.





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