On 26 June 2007, AS Kalev decided to increase the share capital of AS Kalev Chocolate Factory by 47,356,340 kroons. The subsidiary will issue 4,735,634 new shares with a nominal value of 10 kroons. All shares will be acquired by AS Kalev. The purchase of the shares will offset AS Kalev's 47,356,340-kroon claim to the subsidiary. The rights arising from the new shares are the same as of all other shares. The shares grant the right to receive dividends this financial year. After the increase, AS Kalev Chocolate Factory's share capital will amount to 138,353,340 kroons. Allan Viirma Head of Legal Service 607 7831
AS Kalev increases subsidiary's share capital
| Source: Luterma