Market announcement

AS Tallink Grupp

Category

Other price sensitive information

Date

10.07.2008 14:05:00

Title

ML Baltic Princess üleandmine

Message

AS-i Tallink Grupp tütarfirma Tallink Fast Ltd. võttis täna vastu uue           
kruiisilaeva Baltic Princess Helsingis, Aker Yards'i laevatehases.              

Baltic Princess on 212 meetrit pikk, 29 meetrit lai ning 2800 reisijat ja 1130  
liinimeetrit sõidukeid mahutav kruiisilaev. Laeval on 927 kajutit, kokku 12     
erinevat restorani ja baari, kolm kauplust ja üle 450-kohaline                  
konverentsikeskus. Lastele on mõeldud mängude tuba ja spetsiaalne lasteala. Laev
suudab arendada kiirust kuni 24 sõlme.                                          

Ligi 165 miljoni euro (2,58 miljardit krooni) suurust projekti finatseeris 132  
miljoni euro (2,06 miljardi krooni) suuruse laenuga pankade sündikaat kuhu      
kuulub HSH Nordbank, Nordea Pank, SEB Pank ning Euroopa Investeerimispank.      

Baltic Princess alustab plaanide kohaselt Tallinna-Helsingi liinil 15 juulil    
2008., kus vahetab välja  Tallinki eelmise uusima kruiisilaeva, 2006. aastal    
valminud M/L Galaxy, mis suundub Turu-Stockholmi liinile.  Galaxy vahetab seal  
omakorda välja M/L Silja Festivali, mis suunatakse Riia-Stockholmi liinile M/L  
Vana Tallinn asemele. Seega tähendab Baltic Princessi tulek uut ja paremat laeva
ühekorraga kokku kolmele liinile.                                               

M/L Baltic Princess on kuues AS-ile Tallink Grupp ehitatud laev viimase kuue    
aasta jooksul. Ehitamisel on veel üks kruiisilaev, mis valmib Aker Yards'i      
laevatehases järgmisel aastal.                                                  


Janek Stalmeister                                                               
Finantsdirektor                                                                 
AS Tallink Grupp                                                                
Tel. +372 6409 800                                                              
e-mail: janek.stalmeister@tallink.ee

Title

Delivery of M/S Baltic Princess

Message

AS Tallink Grupp's subsidiary Tallink Fast Ltd. today took delivery of the new  
cruise ferry Baltic Princess from Aker Yards OY shipyard in Helsinki,       
Finland.                                                                        

The 212 metres long M/S Baltic Princess has capacity for 2800 passengers and    
1130 lane metres cardeck for the vehicles. On board the new cruise ferry are 927
cabins,  12 restaurants and bars, three shops and a conference center for more  
than 450 people. For kids a special area with a playroom is avaliable. The new  
ship has a speed of up to 24 knots.                                             

The project of around EUR 165 million was financed with a loan of EUR 132 from  
the bank syndicate of HSH Nordbank, Nordea Bank, SEB and European Investment    
Bank.                                                                           

M/S Baltic Princess will start operations on 15.07.2008 between Tallinn and     
Helsinki where she will replace Tallink's previous newest cruise ferry M/S      
Galaxy which will then be re-routed to Turku-Stockholm service. Further more,   
M/S Silja Festival will be re-routed from Turku-Stockholm to Riga-Stockholm     
where she will replace old M/S Vana Tallinn. In summary the delivery of M/S     
Baltic Princess means upgrades and new vessels together for three routes.       

M/S Baltic Princess is the sixth new delivery for AS Tallink Grupp in the last  
six years. The current orderbook contains one more cruise ferry being built for 
Tallink which will be delivered from Aker Yards next year.                      


Janek Stalmeister                                                               
Financial Director                                                              
AS Tallink Grupp                                                                
Tel. +372 6409 800                                                              
e-mail: janek.stalmeister@tallink.ee