On 29 October 2007 Baltic Moontech Investments Holding AS (hereinafter Moontech) made a mandatory take-over bid in respect of all shares of AS Starman (hereinafter Starman) not owned by Moontech. The bid period lapsed on 27 November 2007 and the sale transactions executed in the course of the bid were settled on 30 November 2007. As a result of the bid Moontech acquired altogether 572,292 shares of Starman, representing 4.38% of the entire issued share capital of Starman. Further, Moontech has purchased altogether 878,834 shares of Starman since the initial purchase of 54.04%, representing 11.12% of the entire issued share capital of Starman, on market transactions with the price of EUR 5.75 (EEK 89.96795). OÜ Constock (a company controlled by Indrek Kuivallik, a member of the Supervisory Board of Starman) accepted the offer for and tendered 120,000 shares of Starman in the course of the bid. As at today Moontech owns altogether 8,505,727 shares of Starman, representing 65.16% of the entire issued share capital of Starman. Additional information: Peeter Kern +3726779977