HÜVITUSFOND

ANNOUNCEMENT



ISSUE OF XVII-SERIES BONDS NOT TO BE ANNOUNCED



The Management Board of Hüvitusfond decided not to announce the public issue 

of Hüvitusfond XVII-series bonds and make a proposal to the Fund's 

Supervisory Board to cancel the terms and conditions of the issue.



In case the EVP (privatization voucher) market will stabilize, the Management 

Board of Hüvitusfond will consider the option to conduct the public issue in 

fall 2000.





Jaanus Kosemaa

Public Relations Manager

+372 66 51 800