Tallinn City Government approved water and wastewater service tariffs for 2009


At today's meeting Tallinn City Government approved water and wastewater service
tariffs that will be applied from 1st of January 2009 onwards; the tariffs will 
increase by 12.8% in the next year.                                             

For domestic customers the new tariffs will be 32.33 kroons/m3 for the water and
wastewater service. For business customers the new water tariffs will be 43.28  
kroons/m3. The wastewater service tariff for business customers is dependant on 
the concentration of pollution in the wastewater.                               

The new tariff comprises of the K coefficient of 2%, the CPI of 11.4% and the   
impact of the change in law of minus 0.6%. The impact of the change in law was  
conditioned by the amendment to the Income Tax Law approved in 2008 that applies
an advance payments regime for the payment of Company's income tax.             

The tariff increase is in accordance with the Services Agreement concluded by   
the City of Tallinn and AS Tallinna Vesi on 30 September 2002.                  

Ian Plenderleith, the Chairman of the Management Board of AS Tallinna Vesi,     
emphasised that the increase in tariff enables the company to continue          
investments into water quality, environmental protection and increasing customer
satisfaction.                                                                   

“To date the company has achieved world standard regarding the quality of water,
environmental impact and customer services. Increasing costs such as            
environmental charges, electricity, gas and chemicals, sets a great challenge   
for us to maintain these service levels which we are committed to further       
improve on behalf of the citizens of Tallinn and the wider environment. ,”      
explained Plenderleith.


Reigo Marosov                                                                   
Head of Communication                                                           
Ph: + 372 6262 209                                                              
Reigo.marosov@tvesi.ee