Sale of subsidiary company

In connection with the restructuring of the Group, AS Tallink Grupp's subsidiary
Tallink Silja OY has sold all of its 50% shareholding in the Estonian subsidiary
AS Baltic Tours. The shares were sold to AS M&A at the price of EEK 7.5 million 
(EUR 480 thousand). The above is not a related party transaction.               

The net sales of AS Baltic Tours in 2006 amounted to EEK 23.4 million (EUR 1.5  
million) and the company's net profit was EEK 2.4 million (EUR 153 thousand).   

The profit from the sale is not significant to the consolidated profit of the
Group. 

Janek Stalmeister                                                               
Financial Director                                                              
AS Tallink Grupp                                                                
Tel. +372 6409 800                                                              
Email: janek.stalmeister@tallink.ee