Tallinna Börs                 NEWS RELEASE                      03/07/2002



TSE APPROVES KAUPTHING SOFI AS NEW MEMBER



The Management Board of Tallinn Stock Exchange (TSE) approved TSE membership 

application of Kaupthing Sofi (Pankkiiriliike Sofi Oyj), effective as of 

March 7, 2002. 



Kaupthing Sofi is Helsinki-based subsidiary of Kaupthing Bank, Nordic 

investment bank having operations in Finland, Sweden, Denmark, Iceland, 

Faeroe Islands, Switzerland, Luxembourg and the United States. The Kaupthing 

Group has around 480 employees.



"Kaupthing is an international investment bank and member of several stock 

exchanges in Europe and New York. Membership of TSE is a natural way to 

expand our coverage", says Mika Lehto, Chairman of the Board of Kaupthing 

Sofi.



Including Sofi, TSE has 14 trading members, of which five are trading from 

abroad. 



Additional information:



Eva Palu

Head of Marketing and PR Department 

HEX Tallinn





Tel: +372  640 8840

Mob: +372 510 4827

eva.palu@hex.ee