International rating agency Moody's Investors Service announced in the Estonian Banking System Outlook and press release published on Thursday that Moody's maintains the rating and rating outlook of Balti Investeeringute Grupi Pank AS (BIG) on current levels and rating outlook is stabile. Balti Investeeringute Grupi Pank AS (BIG) comments the following articles: Article „Estonian Banks Ratings May Be Cut by Moody's on Property Risk” published by international news agency Bloomberg Estonia's correspondent Ott Ummelas on February 21 (http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ahyrVx94uFnA) and article published by Äripäev Online on February 21 “Moody's may downgrade ratings of Estonian banks” (http://www.ap3.ee/Default2.aspx?ArticleID=52bbeea3-4c23-4859-88a3-d81f7239af90) . According to official information Moody's does not plan to downgrade the rating nor change the outlook of the rating of BIG or Sampo Pank. The full text of Moody's announcement is available on Moody's homepage (requires registration): http://www.moodys.com/moodys/cust/research/MDCdocs/21/2007000000476850.asp?named Entity=Announcement&doc_id=2007000000476850&frameOfRef=corporate Additional information: Piret Raudsepp CFO +372 735 0923