INCREASE OF SHARE CAPITAL


On 12th of September 2007, the general meeting of Port of Tallinn decided to    
increase Port of Tallinn share capital through a non-monetary contribution by   
EEK 8 835 000 (EUR 564 659) to EEK 2 786 204 010 (EUR 178 070 891) issuing 883  
500 new shares with the nominal value of EEK 10 (EUR 0,64). The object of       
non-monetary contribution is 2 registered immovables in the town of Paldiski    
belonging to the state with the total area of ca 11 ha.                         

Additional information:                                                         

Marju Zirel                                                                     
Treasurer                                                                       
+3726318048                                                                     

Sven Ratassepp                                                                  
Public Relations Manager                                                        
+3726318064