As an explanation of the article “Luik's shareholding smaller by a quarter” published in Äripäev on 30 October 2007, we hereby give notice that the shareholding of Hans Luik in AS Ekspress Grupp has not changed. On 26 October 2007, Hans Luik transferred 3 000 000 shares of AS Ekspress Grupp (about 16% of the share capital) from his personal securities account to the LFS Asset Management AG securities account, which is a nominee account in the meaning of the Securities Market Act. The shares in the nominee account are still in the ownership of Hans Luik and all the rights of shareholder belong to Hans Luik. Further information Priit Leito AS Ekspress Grupp Manager Tel +372 669 8081 priit@egrupp.e