10.01.2008 As mentioned in AS Trigon Property Development (TPD) stock exchange release dated 12 December 2007 the Extraordinary Shareholders Meeting of TPD planned for early February 2008 was subject to the detail plan concerning Gate Tallinn being approved by the Saue municipality local council (volikogu) meeting which was scheduled for the end of January 2008. Saue local municipality (vallavalitsus) has now however decided that they want to present the agreement on construction of the road network by and between Saue and Saku municipality, Chester Universal and Road Administration related to the Gate Tallinn detail plan to the municipality's local council separately before adoption of the detail plan as a whole. This will be done on January, 24 when the local council will be asked to approve the agreement being signed by the head of the municipality (vallavanem). Subject to the signing of the above referred agreement being approved, the detail plan will be presented to the local council for approval at its next meeting in February. All TPD's corporate events (including an Extraordinary shareholders' meeting and a buy-out offer to the minority shareholders by AS Trigon Capital), which have been announced in previous stock exchange releases, are subject to approval of the Gate Tallinn detail plan (as has been mentioned in the respective releases) and will be therefore delayed accordingly. Aivar Kempi, Member of the Management Board Kai Kaljaste, In-house lawyer +372 6679 200