CHANGES IN SUBSTANTIAL SHAREHOLDINGS


As of 26.11.2007 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%, 15%, 20%, 25%, 33%, 50% and 66% are considered to be 
significant.

 
Issuer                       Previously     Per cent of 
                     disclosed per cent    shares as of
   Shareholder                of shares     26.11.2007
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Baltika (18 644 850 aktsiat)
 
HANSABANKAS CLIENTS            alla 5             5.03 
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