Dear shareholder of AS Starman We hereby inform you that the annual general meeting of shareholders of AS Starman, registry code 10069659, seat at Akadeemia tee 28, Tallinn, will be held on 19 June 2008 at 10:00 a.m. in Tallinn, in the office of AS Starman at Akadeemia tee 28, on the second floor. The shareholders registered in the share register of AS Starman on 9 June 2008 at 11.59 p.m. are entitled to vote at the general meeting. Registration for the general meeting will start on 19 June 2008 at 9:30 a.m. in Tallinn, at Akadeemia tee 28, on the second floor. For registration for the meeting: · shareholders being natural persons are requested to submit a passport or identity card; their representatives are requested to submit additionally proper authorisation letters; · representatives of shareholders being legal entities are requested to submit an extract from a relevant (commercial) register, with whom the legal entity has been registered (Estonian legal entities are requested to submit a copy of the registry card B, which may not be older than 15 days), which sets out a person's right to represent the shareholder (at law) along with the person's identification document; other representatives shall submit proper authorisation letters (granted by transaction) along with an identification document of the representative. The documents of a foreign legal entity (except authorisation letter) shall be legalised or apostilled by the Ministry of Foreign Affairs or a foreign mission of the Republic of Estonia. The 2007 annual report, auditor's report, draft articles of association, and written report of the supervisory board on the annual report will be available for examination from 16 May 2008 at http://www.starman.ee and in the office of AS Starman at Akadeemia tee 28, Tallinn, on weekdays from 10:00 a.m. to 14:00 a.m. Any questions regarding the general meeting can be asked by phone (372) 6 779 977, on the Internet at http://www.starman.ee, or by email to henri.treude@starman.ee. AGENDA AND DRAFT RESOLUTIONS FOR THE GENERAL MEETING, APPROVED BY THE SUPERVISORY BOARD OF AS STARMAN ON 15 MAY 2008 1. Approval of the 2007 Annual Report of AS Starman Group To approve the 2007 Annual Report of AS Starman Group as prepared by the management board. 2. Allocation of profits To approve the distribution of profits of AS Starman for the financial year 2007 as follows: · Retained earnings: 54,349 thousand EEK. · Net profit for 2007: 37,467 thousand EEK. · Total retained earnings as at 31 December 2007: 91,816 thousand EEK. · Transfer to mandatory reserve: 1,873 thousand EEK. · Not to distribute the rest of the accumulated net profit in the sum of 89,943 thousand EEK. 3. Election of an auditor To appoint Ernst & Young Baltic AS (registry code 10877299, seat at Rävala pst 4, entry number 58 on the list of auditors) as an auditor of AS Starman in the financial year 2008 and to pay remuneration to the auditor based on a contract to be concluded by the management board. 4. Approval of amendments to the articles of association To re-approve the amendments to the articles of association of AS Starman approved by the general meeting of shareholders on 15 June 2007.