TALLINN STOCK EXCHANGE

ANNOUNCEMENT

 

DECISIONS OF THE ANNUAL GENERAL MEETING OF TSE SHAREHOLDERS 

 

The annual general meeting of Tallinn Stock Exchange (TSE) 

shareholders was held on March 21, 2001. 

 

The shareholders approved the activities of TSE in year 2000, and 

adopted the 2000 financial reports, management report and auditor's 

report. The reports are published in the TSE yearbook, available on 

TSE internet homepage at <a href='http://www.tse.ee,' target='_blank'>http://www.tse.ee,</a> under General/Publications 

subsection.

 

The shareholders decided to transfer 5% of EEK 1.49 million net 

profit posted by TSE in year 2000 to the account of mandatory legal 

reserve, and the remaining amount to the account of retained 

earnings. The shareholders elected Urmas Kaarlep and Aivar Kangust 

of PriceWaterhouseCoopers to audit the financial reports of TSE in 

2001 financial year.

 

The AGM elected Raino Paron (law office Raidla & Partnerid), Sten 

Luiga (law office Luiga & Mugu), Joel Aasmäe (Lõhmus, Haavel & 

Viisemann) and Võteli Maran (Sampo Pank) as members of the Council 

of the TSE Court of Arbitration. The other four members for tenure 

of two years will be appointed by the Securities Inspectorate. 

 

 

Additional information: 

Gert Tiivas 

Chairman of the Management Board

Tallinn Stock Exchange

+372 6 408 840