The supervisory council of AS Norma (“Norma”) has decided in its meeting held today, 20.02.2007, to give its consent to the management board of Norma for initiation of a merger of AS Tööriistavabrik (“TRV”) with Norma. The supervisory council decided to give its consent to the management board of Norma for conclusion of a merger agreement with TRV and for organizing other actions needed for finalization of the merger. Norma is the sole shareholder of TRV. The merging of TRV into Norma is in conformity with the strategy of Norma and it is anticipated that the planned merger brings about increased efficiency in production and decrease in administrative expenditure within Norma group. The indicative and simplified timetable of the merger of Norma and TRV is as follows: 1.On 21.02.2007 Norma and TRV will conclude a merger agreement that will be audited. 2.At least one month before Norma as the sole shareholder of TRV decides on approving the merger agreement, the shareholders of Norma will be presented the merger agreement, auditor's report, the last three annual reports of Norma and TRV and other data required by law and the rules of Tallinn Stock Exchange for examination. Following the same time limit, the merger agreement will be presented to the commercial register and a notice regarding the conclusion of the merger agreement will be published in the official publication Ametlikud Teadaanded. 3.After Norma as the sole shareholder of TRV has decided on approving the merger agreement, the merging companies will present an application to the commercial register for the registration of the merger. After the registration of the merger, a notice to the merging companies' creditors will be published in the official publication Ametlikud Teadaanded. In case of finalization of the merger, TRV will be merged into Norma and TRV as a separate company will be deemed dissolved. Additional information: Peep Siimon Chairman of the management board Phone: + 372 6 500 444