Based on the clause 3.5.4.6 of the chapter Supervision of Tallinn Stock Exchange Rules, the Management Board of TSE decided to add a watch notation to Saku Õlletehase AS shares starting from, May 22, 2008. According to the clause 3.5 of the chapter Supervision of TSE Rules, TSE has right to add a watch notation to a share and to the trading information displayed on the Web site to draw the market participants' attention to significant circumstances related to a security or an issuer. According to the clause 3.5.4.6 of the chapter Supervision of TSE Rules, one of the grounds of adding the watch notation is making takeover offer to the shareholders of the issuer or announcing the intention of such an offer. In May, 09 2008 Saku Õlletehase AS announced that Carlsberg A/S has acquired control over Saku Õlletehase AS within the meaning of Article 167 of the Securities Market Act. Under Article 166(1) of the Securities Market Act, a person who has acquired control over Saku Õlletehase AS (the target issuer), either directly or together with other persons acting in concert, is under the obligation to make a takeover bid for all shares of the target issuer within 20 days as of the acquisition of control. According to the announcement published in May 09, 2008 Carlsberg A/S intends to make through a wholly owned subsidiary a mandatory takeover bid for the acquisition of shares of Saku Õlletehase AS. The mandatory takeover bid will be announced after it has been approved by the Estonian Financial Supervision Authority (Finantsinspektsioon). Tallinn Stock Exchange Market Services +372 640 8800