Changes in AS Q Vara's management and supervisory board


According to the decision of AS Q Vara's shareholders' meeting that was made on
April 25, 2008 Alo Lillepea was withdrawn from AS Q Vara's supervisory board
and Tanel Peeters was elected as a new member of the supervisory board. Tanel
Peeters (born in 1974) is currently the management board member of OÜ Q Capital
and supervisory board member of AS Väätsa Agro and AS Fotoluks. From 2005 until
2006 Tanel Peeters was the management board member of Q Vara. 

According to the decision Q Vara's supervisory board that was also made on
April 25, 2008 Ivo Lillepea was elected as the chairman of the supervisory
board and Alo Lillepea was elected as a new member of Q Vara's management
board. 

Meelis Šokman
Chairman of the management board
AS Q Vara
Tel: 668 1600