Significant changes occurred in the structure of the shareholders of AS Kalev on 15 November 2007. On 22 November 2007, AS Hansapank announced the increase of the bank's share in AS Kalev to 26.14%. As of 15 November 2007, AS Hansapank holds 6,178,178 shares of AS Kalev. Allan Viirma Head of Legal Service 616 1916