On 9 February 2010, Eesti Ajalehed AS, a subsidiary of AS Ekspress Grupp, and OÜ Raamatumaja concluded an Agreement of Purchase and Sale of the shares of Rahva Raamat AS. The sales price is EEK 33 million (EUR 2.1 million) and the deal is to be closed by 18 February 2010. AS Ekspress Grupp's decision to divest Rahva Raamat AS follows the Group's strategy to focus more on its core activities in printed and digital media. New owner of the company is the management of Rahva Raamat AS. Non-audited EBITDA of Rahva Raamat AS in 2009 was EEK 3.4 million (EUR 0.22 million). Additional information: Gunnar Kobin Chairman of the Management Board GSM: +372 5188111 e-mail: gunnar@egrupp.ee
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