Market announcement

AS Tallink Grupp

Category

Other price sensitive information

Date

29.09.2008 17:22:21

Title

Tallink alustab neljanda hotelli opereerimist Tallinnas

Message

AS-i Tallink Grupp tütarettevõte OÜ TLG Hotell allkirjastas 10-aastase          
rendilepingu OÜ-ga Hansa Hotell Tallinnas Sadama tänaval asuva 163-toalise      
Express Hotelli opereerimiseks. Lepingu kohaselt alustaks OÜ TLG Hotell uues    
hotellis opereerimist alates 2009. aasta jaanuarist. Hotelli igakuise rendimakse
suuruseks on 62,5 tuhat eurot (980 tuhat krooni). Lepingu jõustumiseks ja       
opereerimise alustamiseks on eelnevalt vajalik Konkurentsiameti koondumise luba.

Express Hotell asub vahetult Tallink Spa & Conference hotelli kõrval, mis annab 
hea võimaluse kahe hotelli vahelise opereerimise sünergiate avaldumiseks.       
Express Hotellist saab neljas Tallink Hotels`i ketti kuuluv hotell Tallinnas.   
Tallinki poolt pakutav hotellitubade arv Tallinnas tõuseb üle tuhande.          

AS-i Tallink Grupp konsolideeritud majandusnäitajatele nimetatud tehing olulist 
mõju ei avalda.                                                                 

Käesolev tehing on Börsi reglemendi kohaselt tehing seotud osapoolega. OÜ Hansa 
Hotell 50% osanik on AS Infortar, AS-i Tallink Grupp suurim aktsionär ja 50%    
osanik on E.L.L. Kinnisvara, mis ei ole seotud osapool.                         


Janek Stalmeister                                                               
Finantsdirektor                                                                 
AS Tallink Grupp                                                                
Tel. +372 6409 800                                                              
Fax. +372 6409 810                                                              
e-mail: janek.stalmeister@tallink.ee

Title

Tallink starts to operate 4th hotel in Tallinn

Message

OÜ TLG Hotell, a subsidiary of AS Tallink Grupp has signed a rental agreement   
with OÜ Hansa Hotell to rent the 163-room Express Hotel in Tallinn port area.   
According to the agreement Tallink will start to operate the hotel from January 
2009. The monthly rental payment will be EUR 62.5 thousand (EEK 980 thousand).  
The agreement and start of operations will be subject to the approval from the  
Competition Authority.                                                          

The Express Hotel is located just next to the Tallink Spa & Conference Hotel    
giving therefore good possibilities for synergies between the two hotels.       
Express Hotel will be the fourth hotel in the Tallink Hotels chain. The total   
amount of hotel rooms offered by Tallink will exceed one thousand.              

The transaction will not have a significant effect to the consolidated accounts 
of AS Tallink Grupp.                                                            

This is a related party transaction according to the Stock Exchange rules. OÜ   
Hansa Hotell is owned 50% by AS Infortar which is the main shareholder of AS    
Tallink Grupp and 50% by E.L.L. Kinnisvara which is not a related party.        


Janek Stalmeister                                                               
AS Tallink Grupp                                                                
Financial Director                                                              
Tel: +372 6409 800                                                              
Fax: +372 6409 810                                                              
e-mail: janek.stalmeister@tallink.ee