Redemption of the bonds and interest payments


On a maturity date 17 March 2009 AS Tallinna Sadam will redeem its bonds (ISIN  
code EE3300081058) listed on the Tallinn Stock Exchange bond list. AS Tallinna  
Sadam will pay interest on the bonds on 17 March 2009 in the amount of EUR      
27.688 per bond.                                                                

Interests and the redemption payments will be paid to the investors, who        
according to the Estonian Central Securities Register (Register) data are the   
holders of the bonds on the respective interest payment day, i.e. on 17 March   
2009 at 8 a.m.                                                                  

The bonds bear a floating interest rate, which consists of 6-month EURIBOR and a
margin of 0.32% per annum. The interest rate for the interest period ending on  
17 March 2009 is 5.507% per annum.                                              

In accordance with legal acts income tax will be withheld from the interest paid
on the bonds.                                                                   


Marju Zirel                                                                     
Treasurer                                                                       
+372 631 8048                                                                   

Helen Hinno                                                                     
Head of Marketing Department                                                    
+372 631 8066