The Council resolution


The Council approved at the meeting on 22nd of April 2010 the takeover by AS
Automotive Holding (registry code 11739777 and address Roosikrantsi 2, Tallinn,
10119, Estonia) of the shares of Aktsiaselts Norma held by the remaining
shareholders of Aktsiaselts Norma (hereinafter “Minority Shareholders”) in
accordance with Article 1821 of the Securities Market Act on the following
terms: 

1.	The fair compensation payable to the Minority Shareholders shall be EEK
92.31 per each share that is subject to the takeover. 
2.	The compensation in the amount set out in Section 1.1 above has been
determined on the assumption that the shares subject to takeover are not
encumbered by pledge or other rights of third parties. 
3.	The transfer of shares subject to takeover from the Minority Shareholders to
AS Automotive Holding and the payment of compensation to Minority Shareholders
shall be arranged by the registrar of the Estonian Central Register of
Securities (hereinafter “ECRS”) on the basis of the application of the
Management Board of Aktsiaselts Norma. This application shall be submitted by
the Management Board to the ECRS after the passage of one month as of the
adoption of this resolution. The compensation shall be payable to the Minority
Shareholders simultaneously with the transfer of shares subject to takeover to
AS Automotive Holding. 

Peep Siimon
Chairman of Management Board of AS Norma
+ 372 6500 444