XXL.EE

ANNOUNCEMENT



SHAREHOLDERS' ANNUAL GENERAL MEETING



The management board of AS XXL.EE (address Tartu St. 87, Tallinn; 

registry code 10040414) hereby calls:



Annual general meeting of shareholders



Annual general meeting of shareholders will be held on 30.06.2001, 

beginning at 12:00, at the offices of XXL.EE at Pärnu St. 139, 

Tallinn. In accordance with the Supervisory Board decision of 

08.06.2001, the AGM will discuss the following issues:



a) appointment of chairman and secretary to the meeting;

b) management report, profit allocation proposal; 

c) approval of annual report;

d) election of supervisory board member;

e) amendments to the Articles of Association;

f) appointment of auditor.



The annual report is available from 11.06.2001 during the workdays at 

the offices of AS XXL.EE (Pärnu St.139, Tallinn).



All general meeting attendants must present an identification 

document (passport or driver's license); the representatives also 

need to present a proxy. Corporate shareholders must present 

documents certifying its status and representative's right of 

representation (excerpt from Commercial Registry card, not older than 

15 days; foreign corporate shareholders must present a relevant 

document certified in accordance with Estonian laws)



Shareholders' voting rights on the AGM will be determined based 

on shareholders list from the Estonian Central Depository for Securities, 

as of 29.06.2001 at 16:00. Registration of general meeting attendants 

will begin 30 minutes before the beginning of general meeting, and 

end by beginning time of general meeting.





Arho Anttila

Chief Executive

+372 6 507 500