Withdrawal from contract on the acquisition of a holding

| Source: Luterma Luterma 

AS Kalev informed the buyer yesterday that it will withdraw from the contract
of sale of shares entered into 9 February 2007 whereby AS Kalev had the
opportunity to acquire 100% of the shares of AS Santenor (see AS Kalev press
release 12 Feb 2007). 

In connection with the withdrawal from the contract, AS Kalev will not be
acquiring a holding in AS Santenor. 


Allan Viirma
Director of the legal service
607 7831