Change in substantial shareholding


Pursuant to § 185 and § 187 of the Securities Market Act,  DCF Fund II Baltic
States notified  AS Norma that the aggregate holding of the company is 10%
threshold of the voting stock in AS Norma. 

According to the notice, as of  24 October 2008, the number of shares held by
DCF Fund II Baltic States amounts to 1,320,001 which represents 10 % of the
total voting shares of AS Norma. 


Peep Siimon
Chairman of the management board
Phone: + 372 6500 444