Eesti Telekom                 NEWS RELEASE                      09/03/2002



INTENTION TO NOMINATE AS EESTI TELEFON A COMPANY WITH SMP



On   September  3rd, Estonian National Communications  Board

announced its intention  to  pronounce AS Eesti Telefon to a

company  with significant market power for the year 2003  in

the  public  telephone service market,  public  leased  line

service market, and public interconnection service market.



AS Eesti Telefon had also been declared for 2001 and 2002 as

an  operator  with significant market power  in  the  public

telephone service market, public leased line service market,

and public interconnection service market.



In   its   forecasts,  Eesti  Telefon  reckoned   with   the

Communications Board declaring the business as  an  operator

with significant market power in the three markets for 2003.





Hille Võrk

Financial manager

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