AS Ekspress Grupp concluded loan restructuring agreements

On 5 February 2010 an amendment agreement to the loan contract concluded on 28
August 2007 was concluded between AS Ekspress Grupp and a syndicate consisting
of SEB Bank, Sampo Bank and Nordea Bank. According to the agreement new loan
deadline was set being 25 January 2015 instead of previously agreed 25
September 2012. 

The repayment profiles were amended in such a way that AS Ekspress Grupp will
begin repaying the loan in the form of instalments starting from February 2010
until December 2012 under a ten year annuity profile and starting from January
2013 until December 2014 under a five year annuity profile. 

In connection with the restructuring of the loans of AS Ekspress Grupp, loan
and lease commitments for the subsidiary Printall AS were also reviewed, and
amendments for loan and lease contracts were concluded.  According to the
agreements, loan and lease deadlines are extended for one year and between
January 2010 and December 2011 principal payments of the loan are reduced by
50%. 

A minor increase in the interest rate also accompanied the amendments.

The restructuring of the loans improves the liquidity position of AS Ekspress
Grupp considerably and adds flexibility to operating capital management. 



Additional information:
Gunnar Kobin
Chairman of the Management Board
GSM: +372 5188111
E-mail: gunnar@egrupp.ee