On May 15, 2008 OÜ TKM Beauty, daughter company of Tartu Kaubamaja AS, concluded a lease agreement with a real estate developer OÜ Aida Partnerid for operating a beauty store at Aida 7, Pärnu. The total lease area is 380 sq m. The new store will be opened in Oct 2008 and it will be the first beauty store under the new I.L.U. brand. Lease agreements in Tartu and Riga have been signed earlier and the stores are scheduled for opening in 2009 and 2010 respectively. TKM Beauty OÜ is a 100% subsidiary of Tallinna Kaubamaja group. The purpose of the company is the development and operation of the pan-Baltic I.L.U. beauty store chain. 15 beauty stores are to be rolled out across the Baltic States within the next 3-4 years. Raul Puusepp Chairman of the Board Phone +372 7315 000