During the first quarter of 2008, AS Baltika acquired an additional stake of 10.67% of the share capital of its subsidiary AS Virulane. As a result, Baltika's ownership in AS Virulane increased to 93.30% at 25 March 2008. The core business of AS Virulane is apparel manufacturing. The transaction amount does not exceed 10% of the Group's consolidated balance sheet amount, equity or sales and is not regarded as significant according to the Tallinn Stock Exchange rules. Also, the transaction is not regarded as a transaction with a related party. The transaction does not have significant impact on the financial results of AS Baltika. Triin Palge Head of investor relations +372 630 2886