TALLINN STOCK EXCHANGE

ANNOUNCEMENT

 

CHANGES IN SUBSTANTIAL SHAREHOLDINGS

 

As of 19.06.2000 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     19.06.2000

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EESTI ÜHISPANK (66 562 381 shares)

 

   Merita Bank LTD Clients Account       20.68          19.91

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HARJU ELEKTER (5 400 000 shares)*

 

   Pankiiriliike BBL Finland OY 

   Clients Account Nominee                5.11        below 5

 

* 1 800 000 shares at the time of previous disclosure

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KALEV (7 877 500 shares)

 

   AS Milestone			       below 5	        23.60

   Ristmark AS                           23.60	      below 5

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XXL.EE (2 000 000 shares)

 

   Merita Bank LTD Clients 

   Account Trading                       81.50          30.43

   CC Computer OÜ                      below 5          51.07

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TVB