AS Baltika (BLT1T) will close the list of shareholders for bonus issue on 08.06.2007 at 23.59. Baltika will issue two new shares per each existing share. Proceeding from the above, the reference price of Baltika shares will be lowered to the level of EUR 8.03 (EEK 125.64) today before the beginning of trading. The upper reference limit will remain +15% and the lower reference limit -15%. Tallinn Stock Exchange Market Services +372 640 8800