DECISIONS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS 18.05.2010


The Annual General Meeting of Shareholders of Tallinna Kaubamaja AS was held on
18 May 2010. 28,909,259 votes, i.e. 70.98% of the Company`s 40 729 200 votes
were represented at the meeting. 
The decisions of the General Meeting were as follows: 

1. Approval of the annual report of Tallinna Kaubamaja AS for 2009
With 28,894,993, i.e. 99.95% votes in favour, to approve the annual report of
Tallinna Kaubamaja AS for 2009, according to which the consolidated balance
sheet total of Tallinna Kaubamaja AS was 3,981,041 thousand kroons as of
31.12.2009, the revenue for the financial year was 6,388,127 thousand kroons
and the net loss was 196,749 thousand kroons. 
 
2. Profit distribution
With 28,891,205, i.e. 99.94% votes in favour, to approve the year 2009 profit
distribution as presented: 
Retained profit                                    697,479 thousand kroons
Net loss for 2009                                 -196,749 thousand kroons
Total distributable profit as of 31.12.2009        500,730 thousand kroons
Dividends of EEK 0.65 to be paid per share          26,474 thousand kroons
Retained profit after the distribution of profit   474,256 thousand kroons

The list of shareholders entitled to dividends shall be closed at 23.59 hours
on 1 June 2010. The dividends are to be paid out to the shareholders on 2 June
2010 by transfer to the shareholders' bank accounts. 


Raul Puusepp
Chairman of the Board
Phone +372 731 5000