Market announcement

Title

CHANGES IN THE MANAGEMENT BOARD OF SUBSIDIARY

Message

With the decision of the Management Board meeting on 1 June 2009, the
Supervisory Board of AS Eltek, the 100% subsidiary of AS Harju Elekter, decided
to elect Urmas Paisnik as the new Member of Management Board to replace the
current Member of Management Board Aare Metsur whose authorisations have
expired. 

Urmas Paisnik was born in 1957, has a degree in technology (industrial control
at Tallinn Polytechnic Institute in 1980) and has been working at Orbis Eesti
OÜ until the present (Member of Management Board / Managing Director). 

ES Eltek has been part of Harju Elekter Group since 1998. The main activity of
the company is the manufacture and marketing of data and telecommunication
network cabinets, other equipment and supplies and fiber optic connection lines
for the telecommunication sector. In addition, the company manufactures various
sheet metal products and semi-finished products and provides subcontracting
works and services of sheet metal processing and finishing. The sales revenue
of the company for 2008 was MEEK 59, of which the sale to foreign markets made
up 34%. 

	

Andres Allikmäe 
Chairman of Management Board
+372 67 47 400