Change in the financial calendar

| Source: Tallinna Kaubamaja Grupp Tallinna Kaubamaja Grupp

Tallinna Kaubamaja AS will release the 2011 audited annual report today, on 16 March, after 16:00 (UTC +02:00).

         Raul Puusepp
         Chairman of the Board
         Phone: +372 731 5000