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