RSE Management Board on its meeting of February 14, 2008 resolved to delist AS “Lode” from the Baltic Secondary List. The last trading day of AS “Lode” is February 15, 2008. RSE Management Board passed the resolution pursuant to RSE listing and disclosure rules, fulfilling the issuer's request. Company shareholders resolved on delisting on their extraordinary general meeting of shareholders. Final squeeze out bid was launched, and it closed on February 7, 2008. The settlement of squeeze out has been completed within 5 days after the close, as stipulated by the squeeze out rules. In the result of final squeeze out bid Lode Holdings Limited directly and indirectly owns 100% of AS „Lode” shares. The company complies with all requirements stipulated by the law, in order to leave public market. For more information, please contact: Market services +371 6721 2431