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TSE: TSE Supervisory Council meeting

29.05.2001, Nasdaq Tallinn, TLN
TALLINN STOCK EXCHANGE
ANNOUNCEMENT

TSE SUPERVISORY COUNCIL MEETING

Tallinn Stock Exchange (TSE) Supervisory Council meeting took place
on May 28, 2001.

1. The Council elected Jouni Torasvirta as Vice-chairman of the
Supervisory Council of TSE.

2. The Council elected Gert Tiivas and Jaanus Erlemann as members
of the Management Board of TSE for a tenure of three years. Gert
Tiivas was appointed as the Chairman of the Management Board of TSE
for a tenure of three years.

3. The Council directed the Management Board to conduct ad hoc
consultations with stakeholders - members, account operators,
issuers, shareholders and other interested parties - regarding all
material changes to Rules and Regulations of TSE and ECDS rules.

4. The Council discussed the activities and priorities of TSE group
companies during year 2001. Particularly, the HEX - TSE integration
plan was discussed. The goal of the integration project is to
implement trading in Estonian products in HEX system by year-end.


Additional information:

Gert Tiivas
CEO of TSE
Tel: +372 6408 840

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