Market announcement

AS Harju Elekter Group

LEI code

5299009GM96I0NYKWS93

Size of the entity

Large group

Economic activities

Real Estate Activities

Industry sector(s)

Credit rating agency

Country of registered office

Estonia

General information

Categories

Other price sensitive information

Unique data record identifier

3078

Submission date and time

05.11.2010 13:05:51

Content of announcement in English

Title

HAE: Changes in qualifying holding

Message

Harju Elekter             Changes in company's own shares             05.11.2010

Changes in qualifying holding

On 2 November 2010, KJK Fund SICAV-SIF notified AS Harju
Elekter of the change of voting rights attached to a qualifying
shareholding.

DCF Fund (II) SICAV-SIF (with the current business name KJK
Fund SICAV-SIF) holds altogether 1,899,768 shares of AS Harju
Elekter, representing 11.31% of all the shares of the company.

On 28 October 2010 the Investment Manager Agreement between KJK
Fund SICAV-SIF and Danske Capital, Sampo Bank plc was
terminated and KJK Fund SICAV-SIF revoked proxy given to Danske
Capital, Sampo Bank plc to manage the voting rights attached to
the shareholdings of the fund.

Due to that the voting rights in the Company as attached to
1,899,768 shares of Harju Elekter are controlled by KJK Fund
SICAV-SIF.

Andres Allikmäe
Chairman of the Board
Phone: +372 674 7400