VIISNURK

ANNOUNCEMENT



STATEMENT OF MOVEMENTS IN EQUITY 01.01-31.03.2001



unaudited

In thousands of kroons                         1st Q 2001   1st Q 2000



Distributable profits at beginning of period       84 137       53 829



Transferred to mandatory capital reserve           (1 665)      (1 320)



Net profit for the period                           8 567        5 942



Distributable profits at end of period             91 039       58 451





Andrus Aljas

CFO

+372 44 78355