AS Eesti Ehitus and AS Sampo Pank concluded on 9 January 2008 a loan agreement in the amount of EUR 11,966,497.51 (with the equivalent of EEK 187,235,000 on the date of conclusion of the agreement under the exchange rate of the Bank of Estonia). The term of loan is 11 January 2008 - 11 January 2013. The basis for calculation of annual interest is 6 months' Euribor + 1.5%. The purpose of use of the loan is payment for 52% of the shares of AS Eston Ehitus (registry code 10122448) (please see the company announcement of AS Eesti Ehitus of 19 October 2007 “AS Eesti Ehitus concluded an agreement for acquisition of 52 per cent of the shares in Aktsiaselts Eston Ehitus”). The loan shall be secured by a pledge to be established in favour of AS Sampo Pank (in the form of financial collateral) on all shares of AS Eston Ehitus owned by AS Eesti Ehitus. Jaano Vink AS Eesti Ehitus +372 640 0450 eestiehitus@eestiehitus.ee