TALLINN STOCK EXCHANGE

ANNOUNCEMENT

08.12.98

 

 

CHANGE IN SUBSTANTIAL SHAREHOLDING

 

As of 08.12.98, the following significant changes have taken place 

in the companies listed on the Tallinn Stock Exchange, compared with the 

standings disclosed earlier.

 

The levels of 5%, 10%, 20%, 33%, 50% ja 66% are considered to be significant.

 

 

Issuer                              Previously    Per cent of  

                            disclosed per cent    shares      

   Shareholder                       of shares    08.12.98 

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

ASA KINDLUSTUS (3 533 950 shares)

 

Wellfix Investments Ltd                  6.56        64.52

AB Kindlustuse Grupp AS                 50.68      below 5

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

EESTI NÄITUSED (3 200 000 shares)

 

Eesti Forekspank                      below 5         8.86

Eesti Investeerimispank                  7.16      below 5

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

ESS (1 176 000 shares)

 

Sõõrumaa Urmas                          31.2       below 5

Eesti Ühispank                          21.69      below 5

Benmar Ventures Ltd                      7.4       below 5 

Foundation Account Falck A/s          below 5        65

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

EESTI ÜHISPANK (51 151 004 shares)

 

Skandinaviska Enskilda Banken         below 5        13.95

   Skandinaviska Enskilda Banken                        11.73

   Skandinaviska Enskilda Banken Clients                 2.22

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

KALEV (7 877 500 shares)

 

Eesti Ühispank                          7.72         11.33

   Eesti Ühispank AS Marginal                            3.81

   Eesti Ühispank AS Repurchase Account                  7.49

   Eesti Ühispank AS (Trading)                           0.03

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

PENNU (1 600 000 shares)

 

Joss AK. AS                             8.73       below 5

Orgon Inc.                             41.33       below 5

CC Computer OÜ                       below 5         50

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

VIISNURK (4 499 061 shares)

 

Eesti Investeerimispank                 5.08       below 5

Eesti Forekspank                      below 5         5.02

   Eesti Forekspank                                     0.01

   Eesti Forekspank 2                                   5.01

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

 

 

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