In December 2008 AS Tallink Grupp transported 627 055 passengers which is nearly 18% increase compared to November 2007. Passenger volumes and market shares increased in all of our main routes. While the passenger cars transportation continued to increase in December 2008 the slowing economies are impacting negatively the cargo vechicles development. AS Tallink Grupp's passenger, cargo unit and passenger car numbers for December 2008 were the following: -------------------------------------------------------------------------------- | | December 2008 | December 2007 | change | -------------------------------------------------------------------------------- | Passengers | 627 055 | 532 739 | 17,7% | -------------------------------------------------------------------------------- | Finland-Sweden | 242 596 | 210 146 | 15,4% | -------------------------------------------------------------------------------- | Estonia-Finland | 274 881 | 231 082 | 19,0% | -------------------------------------------------------------------------------- | Estonia-Sweden | 72 431 | 60 380 | 20,0% | -------------------------------------------------------------------------------- | Latvia-Sweden | 31 476 | 22 941 | 37,2% | -------------------------------------------------------------------------------- | Finland-Germany | 5 671 | 8 190 | -30,8% | -------------------------------------------------------------------------------- | | | | | -------------------------------------------------------------------------------- | Cargo Units | 17 670 | 24 545 | -28,0% | -------------------------------------------------------------------------------- | Finland-Sweden | 5 442 | 7 343 | -25,9% | -------------------------------------------------------------------------------- | Estonia-Finland | 7 020 | 8 218 | -14,6% | -------------------------------------------------------------------------------- | Estonia-Sweden | 2 226 | 3 087 | -27,9% | -------------------------------------------------------------------------------- | Latvia-Sweden | 1 101 | 864 | 27,4% | -------------------------------------------------------------------------------- | Finland-Germany | 1 881 | 5 033 | -62,6% | -------------------------------------------------------------------------------- | | | | | -------------------------------------------------------------------------------- | Passenger Vehicles | 59 458 | 46 570 | 27,7% | -------------------------------------------------------------------------------- | Finland-Sweden | 9 986 | 10 867 | -8,1% | -------------------------------------------------------------------------------- | Estonia-Finland | 38 993 | 26 292 | 48,3% | -------------------------------------------------------------------------------- | Estonia-Sweden | 4 405 | 3 840 | 14,7% | -------------------------------------------------------------------------------- | Latvia-Sweden | 4 458 | 3 577 | 24,6% | -------------------------------------------------------------------------------- | Finland-Germany | 1 616 | 1 994 | -19,0% | -------------------------------------------------------------------------------- The following operational factors influenced the development. FINLAND-SWEDEN M/S Galaxy which is larger in capacity operates in the Turku-Stockholm route instead of M/S Silja Festival. Cargo vessel Sea Wind was in repairs and was not operating in the route since 02.12.2008. ESTONIA-FINLAND Since April 2008 the second Tallink Shuttle vessel Superstar operates between Tallinn and Helsinki. New cruise ferry M/S Baltic Princess has replaced the 2006 built M/S Galaxy which moved to Turku- Stockholm operations. From September 2008 the Superfast vessels are not doing the daily Tallinn-Helsinki roundtrip any more. LATVIA-SWEDEN M/S Silja Festival which is larger in capacity has replaced M/S Vana Tallinn. FINLAND-GERMANY The operations in the route are continued with the two vessels instead of three as Superfast IX has stopped from September 2008 and is employed in the long-term charter. Janek Stalmeister Financial Director AS Tallink Grupp Tel. +372 6409 800 e-mail: janek.stalmeister@tallink.ee