Resolutions of Annual General Meeting June 6, 2008


The Annual General Meeting of shareholders of Trigon Property Development AS was
held in AS Trigon Property Development location at 48, Suur-Jõe, Pärnu, Estonia,
on June 6, 2008 at 11:00.                                                       

Resolutions of the General Meeting:                                             

1. Approval of the Annual Report for 2007                                       

It was decided to approve the Annual Report of AS Trigon Property Development   
for 2007, which exposes balance sheet value of 137,707 thousand (8,801 thousand 
euros) as of 31.12.2007 and the profit of 37,225 thousand kroons (2,379 thousand
euros).                                                                         

2. Distribution of profit for 2007                                              

It was decided to approve profit distribution proposal of AS Trigon Property    
Development for 2007 as follows:                                                

not to distribute profit and transfer the profit in the amount of 37,225        
thousand kroons (2,379 thousand euros) to the account of undistributed profit of
the previous periods.                                                           

3. Election and remuneration principles of auditor for financial year 2008      

It was decided to elect AS PricewaterhouseCoopers (registry code: 10142876,     
address: Pärnu rd. 15, 10141 Tallinn) as an auditor. Auditor will be remunerated
according to the contract concluded with and invoices issued by the auditor.    


Aivar Kempi                                                                     
Member of the Management Board                                                  
+372 66 79 200                                                                  
info@trigonproperty.com