Management Board of AS Ekspress Grupp (registry code 10004677, address Narva mnt 11e,10151 Tallinn) calls the annual general meeting of shareholders on May 14, 2008 at 15.00. The meeting will be held in Tallinn, Narva mnt 11e, on the 6th floor. According to the decision of the Supervisory Board of AS Ekspress Grupp the agenda of the meeting will be the following: 1. Approval of the 2007 annual report 2. Approval of the profit allocation recommendation 3. Authorization for acquisition of own shares The supervisory board of AS Ekspress Grupp will make the following proposals to the shareholders: 1. Approval of the 2007 annual report Proposal of the supervisory board: to approve the 2007 annual report of AS Ekspress Grupp and the written report on 2007 annual report prepared by the supervisory board 2. Approval of the profit allocation recommendation Proposal of the supervisory board: To approve the management recommendation of profit allocation and transfer from the net profit of 91 671 thousands kroons 91 651 thousands kroons to the retained earnings of previous periods and 20 thousands kroons to the reserves. 3. Authorization for acquisition of own shares Proposal of the supervisory board: To authorize the management board to acquire own shares in the following conditions: a) The company is entitled to buy up to 160 000 own shares; b) The sum paid for one share may not be higher than the highest price paid for an Ekspress Grupp share on the Tallinn Stock Exchange on the same day; c) The company shall dispose own shares within one year after the resolution of the general meeting . The list of shareholders having the right to vote at the general meeting of shareholders will be determined on May 04, 2008 at 23.59. The registration of those attending the general meeting begins at the venue of the meeting on the day of the meeting at 14.30. Please have identity document, the power of attorney of a shareholder or other document proving the right to representation with you. The annual report of 2007 of AS Ekspress Grupp and the respective written report of the supervisory board is available for review as of April 18, 2008 on the Company's website http://www.egrupp.ee/ and at the Company's office Narva mnt 11e , Tallinn from 10.00 until 16.00. If you have any questions on the agenda of the general meeting of the shareholders, we kindly ask you to contact us by e-mail priit@egrupp.ee. The questions, answers and standpoints of the meeting will be disclosed on the Company's website. Priit Leito Member of the board AS Ekspress Grupp Tel: (+372) 669 8080