On  Monday,  1  October  2001,  the composition of the Baltic List will

change  as  Estonian,  Latvian  and Lithuanian stock exchanges approved

changes  to  the  Baltic  List.  Pro Kapital Grupp was removed from the

Baltic  blue-chip  securities  list  due  to delisting from the Tallinn

Stock Exchange.



As  of 15 September 2001, the total market capitalisation of the Baltic

List stood at EUR 2.1 billion (EUR 2.58 billion as of 15 June 2001)

+---------------------+-------------------+--------------------------+--------------------------------------+

|Company              |Home stock exchange|        Market cap        |     Profile                          |

|                     |                   |(mln EUR) as of 15.09.2001|                                      |

|Balta                |        RSE        |          16.88           |non-life insurance                    |

|Eesti Telekom        |        TSE        |          401.70          |telecommunications                    |

|Ekranas              |       NSEL        |          45.05           |manufacture of electronic equipment   |

|Hansapank            |        TSE        |          715.66          |banking                               |

|Kalnapilis           |       NSEL        |          29.50           |brewery                               |

|Latvijas Gaze        |        RSE        |          346.13          |energy                                |

|Lietuvos Telekomas   |       NSEL        |          258.05          |telecommunications                    |

|Merko Ehitus         |        TSE        |          20.53           |construction                          |

|Norma                |        TSE        |          38.81           |vehicle components                    |

|Tallinna Kaubamaja   |        TSE        |          26.90           |retail sales                          |

|Rokiskio Suris       |       NSEL        |          28.02           |dairy products                        |

|Snaige               |       NSEL        |          15.46           |manufacture of refrigerating equipment|

|Utenos Trikotazas    |       NSEL        |          17.61           |knitwear                              |

|Ventspils Nafta      |        RSE        |          140.58          |handling and storage of oil products  |

+---------------------+-------------------+--------------------------+--------------------------------------+







Further  information  about  the  Baltic List is available on the joint

Internet     homepage     of    the    three    Baltic    bourses    at

<a href='http://www.baltic-exchanges.com' target='_blank'>http://www.baltic-exchanges.com</a>