As of 02.07.2007 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 02.07.2007 -------------------------------------------------------------- Tallinna Vesi (20 000 000 shares) NORDEA BANK FINLAND PLC/ NON-RESIDENT LEGAL ENTITIES 7.97 below 5 -------------------------------------------------------------- Arco Vara (67 784 150 shares) MORGAN STANLEY + CO INCORPORATED EQUITY CLIENT ACCOUNT - 7.61 SKANDINAVISKA ENSKILDA BANKEN AB CLIENTS 7.29 below 5 DEUTSCHE BANK AG LONDON PRIME BROKERAGE/ CLIENTS FULL TAX ACCOUNT below 5 9.59 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION ON BEHALF OF UK RESIDENTS - 6.08 JPMORGAN CHASE BANK , NATIONAL ASSOCIATION ON BEHALF OF NON-TREATY CLIENTS 9.13 below 5 -------------------------------------------------------------- Tallinn Stock Exchange Market Services +372 640 8800