TALLINN STOCK EXCHANGE

ANNOUNCEMENT

27.09.99

 

 

CHANGES IN SUBSTANTIAL SHAREHOLDINGS

 

As of 27.09.99, the following significant changes have taken place 

in the ownership structure of the companies listed on the Tallinn 

Stock Exchange, compared with the standings disclosed earlier.

 

The levels of 5%, 10%, 20%, 33%, 50% and 66% are considered to be 

significant.

 

 

Issuer                              Previously    Per cent of  

                            disclosed per cent    shares as of     

   Shareholder                       of shares    27.09.99 

--------------------------------------------------------------

Eesti Näitus (3,200,000 shares)

 

Customers of the Bank of Bermuda

(Guernsey) Ltd                          18.24     below 5

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Klementi (2,425,000 shares)

 

Hansapank                             below 5        5.03

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TSE