PRO KAPITAL

ANNOUNCEMENT

 

SHAREHOLDERS' GENERAL MEETING

 

AS Pro Kapital (reg. code 10278802, address Narva Rd. 13, Tallinn) 

hereby convenes the general meeting of AS Pro Kapital shareholders.

 

The general meeting of AS Pro Kapital shareholders will be held on 

11.04.2000, beginning at 11:00 a.m., in Tallinn, Põhja St. 21, at 

Ilmarise Residence.

 

Agenda:

1.   Approval of 1999 annual report;

2.   Profit allocation;

3.   Increase of share capital, whereas:

  3.1. Company's share capital will be increased due to acquisition 

of majority holding in Domina Hotel e Comproprieta`Alberghiere S. 

p. A. (address Via Andrea Maffei n. 1); share capital will be 

increased through issue of new shares;

3.2. New share capital volume is EEK 369,000,000;

3.3. General meeting will decide to increase the share capital 

volume by issuing 14,400,000 nominal shares, at EEK 10 par value 

each; 

3.4. As the shares will be paid for in non-monetary form, the 

shareholders do not hold a pre-emptive subscription right;

3.5. Shares will be subscribed for within 3 months after the day of 

the general meeting (Narva Rd. 13, Tallinn).

4.   New name of the company.

5.   Approval of new redaction of company's Articles of 

Association.

6.   Election of Supervisory Board members.

 

All meeting attendants must present an identification document 

(representatives also need to present a proxy); the corporate 

shareholders must present an excerpt from Commercial Registry card 

(representatives also need to present a proxy).

 

Andrus Laurits

Chief Executive

Pro Kapital

+372 614 4920