In November 2007 AS Tallinna Sadam arranged bonds issue in amount of EUR 25.6 million (EEK 400.553 million) with maturity of 1 year. The value date of emission is 19 November 2007. Bonds will have a floating interest rate based on the 1-month Euribor. The additional interest margin will be 0.31% per year. The value of each bond is EUR 50,000 (EEK 782,330), the volume of the bond issue is 512 bonds. The emission will be arranged by Nordea Bank Finland Plc Estonian branch and the bonds will not be listed on the stock exchange. The funds will be used for dividend payment and income tax on dividends in the amount of EEK 256.4 million (EUR 16.4 million) and the rest for financing of investments necessary for company core activity. In 2007 AS Tallinna Sadam has invested ca EEK 770 million (EUR 49.2 million) within 10 months, the investments have been financed from company's own cash flows. Marju Zirel Treasurer +372 631 8048 Sven Ratassepp Public Relations Manager +372 631 8064