Change in substantial shareholding

Estonia


Pursuant to the Securities Market Act, East Capital Asset Management AB notified Tallinna Kaubamaja AS that the aggregate holding of the East Capital group exceeded the 5% threshold of the voting stock in Tallinna Kaubamaja AS. After the purchase of shares on 23 December 2010 the East Capital group holds 5.01% of the total voting shares in Tallinna Kaubamaja AS.

         Raul Puusepp
         Chairman of the Board
         Phone +372 731 5000

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