LARGE-SCALE DELIVERY CONTRACT SIGNED


Harju Elekter Elektrotehnika AS, a subsidiary of Harju Elekter, entered into a
sales contract of low-voltage equipment with Greek company METKA Metal
Constructions of Greece S.A. In the framework of the contract, Harju Elekter
Elektrotehnika shall prepare various control centres with frequency converters
for Kardia and Mavropigisi mines in Macedonia. The volume of the contract is
3.2 million euros (50.6 million kroons) and the deliveries shall be made in the
second and third quarter this year. The signed contract is a significant
breakthrough to the Western European market. 

METKA Metal Constructions of Greece S.A. is a listed company acting in the
sector of energy, defence industry and infrastructure. The turnover of the
company in 2006 was 294.2 million euros. 

Harju Elekter is a leading electrical equipment manufacturer in Baltic Sea
region. Harju Elekter participates in subsidiaries and associated companies as
follows: AS Harju Elekter Elektrotehnika (100%), Satmatic Oy (100%), Rifas UAB
(51%), AS Eltek (100%), AS Draka Keila Cables(34%) and AS Saajos Inexa (33.3%).
Harju Elekter has 10% investments in Latvian sales company SIA Energokomplekss
and in Finnish stock company PKC Group Oyj. 


Andres Allikmäe
Chairman of the Board
+382 674 7400

For more information: Mr Ülo Merisalu, CEO of AS Harju Elekter Elektrotehnika,
phone +372 674 7449.