Tallinn Stock Exchange NEWS RELEASE 22.01.2007 CHANGES IN SUBSTANTIAL SHAREHOLDINGS As of 22.01.2007 the following significant changes have taken place in the ownership structure of the companies listed on the Tallinn Stock Exchange, compared with the standings disclosed earlier. The levels of 5%, 10%, 20%, 33%, 50% and 66% are considered to be significant. Issuer Previously Per cent of disclosed per cent shares as of Shareholder of shares 22.01.2007 -------------------------------------------------------------- HARJU ELEKTER (16,800,000 shares) ING LUXEMBOURG S.A. 10.02 9.82 (06/2006) -------------------------------------------------------------- EESTI EHITUS (15,378,364 shares) NORDEA BANK FINLAND PLC CLIENTS ACCOUNT TRADING 5.94 below 5 -------------------------------------------------------------- TALLINK GRUPP (168,454,260 shares) CITIGROUP VENTURE CAPITAL INTERNATIONAL JERSEY LIMITED alla 5 7.31 -------------------------------------------------------------- Tallinn Stock Exchange Market Services +372 640 8800