In the previously published release the cum-dividends date and the ex-dividends date was incorrect. Corrected release follows. -------------------------------------------------------------------------------- | 16.04.07 8:00 | Fixing shareholder list entitled to vote in AGM | -------------------------------------------------------------------------------- | 26.04.07 | AGM | -------------------------------------------------------------------------------- | 25.05.07 | Cum-dividends date | -------------------------------------------------------------------------------- | 28.05.07 | Ex-dividends date | -------------------------------------------------------------------------------- | 30.05.07 23:59 | Record date of shareholders entitled to dividends | -------------------------------------------------------------------------------- | 15.06.07 | Dividend payment date | -------------------------------------------------------------------------------- Based on the results of the 2006 financial year, the Supervisory Council of AS Tallinna Vesi proposes a dividend payout of 196 010 thousand EEK (12 527 thousand EUR). Of this 10 000 EEK (639.12 EUR) to the owner of the B-share and 196 000 thousand EEK (12 527 thousand EUR) ie 9.8 EEK (0.63 EUR) per share to the owners of A-shares). The proposal is subject to approval by the Company's Annual General Meeting of the Shareholders, held on April 26, 2007. Eteri Harring Head of Treasury and Investor Relations Ph: + 372 6262 225 eteri.harring@tvesi.ee