Resolutions of the annual general meeting


Resolutions of the annual general meeting of AS Merko Ehitus held on 1 June
2009: 

1. Approval of the 2008 Annual Report
To approve the annual report of AS Merko Ehitus for the financial year 2008.

2. Deciding on the distribution of profits
To approve the profit distribution as follows:

(i)   to approve the net profit for the financial year 2008 in the amount of
      299 139 513 Estonian kroons; 

(ii)  to pay 61 950 000 Estonian kroons of the net profit 2008 as dividends to
      shareholders constituting 3.5 kroons as dividend per share; 

      all shareholders entered in the share ledger of AS Merko Ehitus as of 17
      June 2009 at 23.59 are entitled to dividends; 

      dividends shall be paid to shareholders on 1 July 2009 by remitting the
      respective amount to the current account tied to the shareholder's
      securities account; 

(iii) to maintain the rest of the net profit undistributed.

3. Approval of the auditor for the financial year 2009
To approve AS PricewaterhouseCoopers as the auditor of AS Merko Ehitus for the
financial year 2009 and to pay to the auditor according to the contract. 

1 EUR = 15.6466 EEK

Alar Lagus
Member of the Board
+372 6 805 109
alar.lagus@merko.ee