Arco Vara AS informs the change in the qualifying holding of share capital. Mr. Toomas Tool, the shareholder of Arco Vara AS notified Arco Vara AS on 8 July 2008 of the acquisition of 5,0 mln shares of Arco Vara AS as private person, which constitutes 5,25% of the share capital of Arco Vara AS. Heigo Metsoja IRO +372 6144 654 heigo.metsoja@arcovara.ee http://www.arcorealestate.com