Market announcement

Arco Vara AS

Category

Change of significant proportional thresholds for issuers own shares

Date

27.10.2008 16:28:18

Title

Olulise osaluse muutus

Message

Arco Vara AS teatab muudatusest Arco Vara AS-s osalust ja hääli omavate isikute
struktuuris. 

OÜ Freier Projekt juhatus informeeris Arco Vara AS-i, et alates 22.10.2008 omab
OÜ Freier Projekt 19 909 133 Arco Vara AS-i aktsiat, mille tulemusena on OÜ
Freier Projekt häälte arv Arco Vara AS-s 20,89% Arco Vara AS-i emiteeritud
aktsiatega esindatud häältest. OÜ Freier Projekt ainuosanik on Hr. Toomas Tool.
Seega on hr. Toomas Tooli kaudne osalus Arco Vara AS-s 20,89% Arco Vara
aktsiatest ning talle kaudselt kuuluvate häälte arv Arco Vara AS-s on 20,89%
Arco Vara AS-i emiteeritud aktsiatega esindatud häältest. 

Heigo Metsoja
CFO / Juhatuse liige
+372 6144 654
heigo.metsoja@arcovara.ee
http://www.arcorealestate.com

Title

Change in the qualifying holding

Message

Arco Vara AS hereby informs about the change in the holdings and votes in Arco
Vara AS. 

OÜ Freier Projekt's management board informed Arco Vara AS, that starting from
22.10.2008 OÜ Freier Projekt owns 19 909 133 shares of Arco Vara AS, as a
result of which the voting rights owned by OÜ Freier Projekt form 20.89% of
voting rights represented by shares of Arco Vara AS. The sole shareholder of OÜ
Freier Projekt is Mr. Toomas Tool. Thus 20.89% of Arco Vara AS shares are in
indirect holding of Mr. Toomas Tool and 20.89% of the voting rights in Arco
Vara AS are indirectly controlled by him. 

Heigo Metsoja
CFO / Member of the management board
+372 6144 654
heigo.metsoja@arcovara.ee
http://www.arcorealestate.com