The Annual General Meeting of Shareholders of Tallinna Kaubamaja AS was held on 20 May 2009 at 3 p.m. The decisions of the General Meeting were as follows: 1. Approval of the annual report of Tallinna Kaubamaja AS for 2008 Shareholders decided to approve the year 2008 annual report of Tallinna Kaubamaja AS, according to which the consolidated balance sheet total of Tallinna Kaubamaja AS was 4 334 233 thousand kroons as of 31.12.2008, the revenue for the financial year was 6 531 420 thousand kroons and the net profit was 83 129 thousand kroons. 2. Profit distribution Shareholders decided distribute the year 2008 profit as presented: Retained profit 622 590 thousand kroons Net profit for 2008 83 129 thousand kroons Total distributable profit as of 31.12.2008 705 719 thousand kroons Dividends of EEK 0.4 to be paid per share 16 292 thousand kroons Retained profit after the distribution of profit 689 427 thousand kroons The list of shareholders entitled to dividends shall be closed at 23.59 hours on 3 June 2009. The dividends are to be paid out to the shareholders on 4 June 2009 by transfer to the shareholders' bank accounts. 3. Appointment of the auditor and determination of the procedure for remuneration Shareholders decided to appoint AS PricewaterhouseCoopers as the auditor of Tallinna Kaubamaja AS for the financial years 2009-2011. Remuneration of the auditor will be decided by the management board of the company. 4. Recall of the members of the supervisory board Shareholders decided to recall the members of the supervisory board Andres Järving, Jüri Käo, Enn Kunila, Meelis Milder and Gunnar Kraft. 5. Election of the members of the supervisory board Shareholders decided to re-elect Andres Järving, Jüri Käo, Enn Kunila, Meelis Milder and Gunnar Kraft as the members of the supervisory board of Tallinna Kaubamaja AS. Raul Puusepp Chairman of the Board Phone +372 731 5000