Market announcement

AS BALTIKA

Category

Other price sensitive information

Date

25.03.2008 15:51:25

Title

Osaluse suurendamine tütarettevõttes

Message

2008. aasta esimese kvartali jooksul suurendas AS Baltika oma osalust           
tütarettevõttes AS Virulane 10,67%-i võrra. Seisuga 25. märts 2008 on mainitud  
tehingute tulemusena AS Baltika osalus AS-is Virulane 93,30%.                   

AS Virulane põhitegevusalaks on rõivaste tootmine.                              

Tehingu hind ei ületa 10% Baltika Grupi konsolideeritud bilansimahust,          
omakapitalist või käibest ning see ei ole käsitletav olulise tehinguna börsi    
reglemendi mõistes. Samuti ei ole see käsitletav tehinguna seotud isikuga.      

Tehing ei oma olulist mõju AS Baltika majandustulemustele.                      

Triin Palge                                                                     
Investorsuhete juht                                                             
+372 630 2886

Title

Increasing ownership in a subsidiary

Message

During the first quarter of 2008, AS Baltika acquired an additional stake of    
10.67% of the share capital of its subsidiary AS Virulane. As a result,         
Baltika's ownership in AS Virulane increased to 93.30% at 25 March 2008.        

The core business of AS Virulane is apparel manufacturing.                      

The transaction amount does not exceed 10% of the Group's consolidated balance  
sheet amount, equity or sales and is not regarded as significant according to   
the Tallinn Stock Exchange rules. Also, the transaction is not regarded as a    
transaction with a related party.                                               

The transaction does not have significant impact on the financial results of AS 
Baltika.                                                                        


Triin Palge                                                                     
Head of investor relations                                                      
+372 630 2886