Consolidated net profit of the Eesti Telekom group for 2007, attributable to the equity holders of the parent company of the Group totalled to 1,505,098 thousand EEK. Consolidated retained earnings of the Eesti Telekom Group as of 31 December 2007 attributable to the equity holders of the parent company of the Group totalled 2,429,361 thousand EEK. The Management Board's proposal is to distribute between shareholders and to pay to shareholders as dividends 1,448,523 thousand EEK i.e. 10.50 EEK per share, proceeding from the number of shares 137,954,528. The residual of retained earnings totalling to 980,838 thousand EEK to be carried forward in the balance sheet. Gunnar Hannus AS Eesti Telekom, financial manager Tel: 6 111 472 Email: Gunnar.hannus@telekom.ee