As of 26.05.2008 the following significant changes have taken place in the ownership structure of the companies listed on the Tallinn Stock Exchange, compared with the standings disclosed earlier. The levels of 5%, 10%, 15%, 20%, 25%, 33%, 50% and 66% are considered to be significant. Issuer Previously Per cent of disclosed per cent shares as of Shareholder of shares 26.05.2008 -------------------------------------------------------------- Baltika (18 644 850 shares) MORGAN STANLEY + CO INCORPORATED EQUITY CLIENT ACCOUNT 5.09 below 5 Harju Elekter (16 800 000 shares) ING LUXEMBOURG S.A. - 10.37 SEB PANK AS KAUPLEMINE 10.42 below 5 Silvano Fashion Group (40 000 000 shares) SEB PANK AS KAUPLEMINE below 5 8.61 SIA ALTA CAPITAL PARTNERS 13.65 9.82 Tallinna Kaubamaja (40 729 200 shares) SEB PANK AS KAUPLEMINE below 5 8.06 ING LUXEMBOURG S.A. 6.65 - -------------------------------------------------------------- Tallinn Stock Exchange Market Services +372 640 8800