CHANGES IN SUBSTANTIAL SHAREHOLDINGS


As of 03.12.2007 the following significant changes have taken place in the 
ownership structure of the companies listed on the Tallinn Stock Exchange, 
compared with the standings disclosed earlier.
 
The levels of 5%, 10%, 15%, 20%, 25%, 33%, 50% and 66% are considered to be 
significant.

 
Issuer                          Previously       Per cent of 
                        disclosed per cent      shares as of
   Shareholder                   of shares        03.12.2007
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Kalev (23 632 500 shares)
   AS HANSAPANK                      26,24           below 5
   MOONRIDER OÜ                    below 5              7,52
   RUBLA AS                        below 5             56,76
   OÜ MAILTEC                        10,24           below 5
   LFS CLIENT ACCOUNT                 7,52           below 5
   CITIBANK INTERNATIONAL PLC 
   (LUXEMBOURG BRANCH) / 
   UBS LUXEMBOURG S.A.               19,99           below 5
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