Prolongation of the Investors voting period


As regulated by sub-clause 15.3 of the bond issue terms, Q Vara's proposals to
the Investors are delivered by the Agent via registered letter on the day
following the day of receiving the proposal at the latest. The agent acted
according to this sub-clause also with Q Vara's proposal made on July 18, 2008
(see also Q Vara's stock exchenge release "About equity share covenant" from
July 21, 2008) but because of delivery errors made by AS Eesti Post the
proposal reached investors on July 30, 2008. As a result Q Vara extends the end
date of the voting period by 10 days so the new end date for the voting period
is August 13, 2008. 


Meelis Šokman
Chairman of the management board
AS Q Vara