CHANGES IN SUBSTANTIAL SHAREHOLDINGS


As of 11.08.2008 the following significant changes have taken place in the 
ownership structure of the companies listed on the Tallinn Stock Exchange, 
compared with the standings disclosed earlier.
 
The levels of 5%, 10%, 15%, 20%, 25%, 33%, 50% and 66% are considered to be 
significant.

 
Issuer                          Previously       Per cent of 
                        disclosed per cent      shares as of
   Shareholder                   of shares        11.08.2008
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Arco Vara (95 284 150 shares)

SKANDINAVISKA ENSKILDA BANKEN AB CLIENTS

                                 below 5              5.9


Silvano Fashion Group (40 000 000 shares)

SEB PANK AS KAUPLEMINE             5.5             below 5

ALTA CAPITAL PARTNERS S.C.A, SICAR

                                   39,66           below 5

NORDEA BANK FINLAND PLC/ NON-RESIDENT LEGAL ENTITIES

                                  below 5           35.22
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