LISTING OF AS VIISNURK SHARES


The Listing and Surveillance Committee (the Committee) of the Tallinn Stock
Exchange (TSE) reviewed the application and appertaining documents by AS
Viisnurk, filed with the Committee for listing of the shares of AS Viisnurk in
the Main List of TSE. 

AS Viisnurk filed the listing application on September 19, 2007 together with
the listing prospectus and other appertaining documents for listing its shares
in the Main List of TSE. Previously, AS Viisnurk had filed drafts of the
documents for conducting prompt proceedings. 

The Committee decided on September 20, 2007:

1. Proceeding from the fact that AS Viisnurk has existed less than three years
but it has been established as a result of division from a listed company and
it has acquired units that have been operating for more than three years, to
count this circumstances significant from the aspect of evaluating the economic
activities and to make an exception from the requirements of the Listing Rules
clause 6.2 on duration of activities. And also to make an exception from the
requirements of the Listing Rules clause 6.3 on submitting the audited annual
reports for the three preceding financial years. 

2. To satisfy the application of AS Viisnurk and to list its shares in the Main
List of TSE. 

3. The first listing day of AS Viisnurk is the third trading day after making
the listing decision, i.e. September 25, 2007.


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