Market announcement

Title

Notice on convening Annual General Meeting of Shareholders

Message

Notice  is hereby given that the Management Board of AS Ekspress Grupp (registry
code  10004677, official  address  Parda  6, 10151 Tallinn)  convenes the Annual
General  Meeting of Shareholders,  which will be  held on 17(th) of May, 2019 at
10:00 at  the seat of AS Ekspress Grupp, in the city of Tallinn, Parda 6, 6(th)
floor.

The  registration of  participants in  the Meeting  will commence at 9:30 at the
location of the Meeting.

Pursuant  to the  decision of  the Supervisory  Board of  AS Ekspress Grupp, the
Agenda of the Annual General Meeting of Shareholders is as follows:

     1. The approval of 2018 annual report.
     2. The approval of the proposal for distribution of profits.
     3. Extension of the mandate of the Members of the Supervisory Board

The  management board of AS Ekspress Grupp  makes the following proposals to the
shareholders about the items of the agenda:

1. The approval of 2018 annual report.

To  approve the 2018 annual report  of AS Ekspress Grupp  for the financial year
from 1(st) of January 2018 to 31(st) of December 2018.

2. The approval of the proposal for distribution of profits.

To  approve the Profit Distribution Proposal for 2018. To distribute total 6491
euros  as following: to increase statutory reserve by 325 euros; remaining 6166
euros to be allocated to the retained earnings.

3. Extension of the mandate of the Members of the Supervisory Board

To  extend the mandate of Supervisory Board  Members Hans H. Luik, Indrek Kasela
and Harri Helmer Roschier from 21(th) May 2019 for five years until 20.05.2024.


The circle of shareholders entitled to attend the Annual General Meeting will be
determined  7 days prior to the General  Meeting, i.e. on 9(th) May, 2019 at the
end of the working day of the settlement system.

All  documents concerning the  Annual General Meeting  of the Shareholders of AS
Ekspress Grupp, including draft resolutions, are available on the homepage of AS
Ekspress  Grupp at www.egrupp.ee (http://www.egrupp.ee), as  well as at the seat
of  AS  Ekspress  Grupp,  Parda  6, Tallinn,  6(th) floor, on business days from
10:00 to  16:00 starting from  the date  of notification  of the  Annual General
Meeting until the date of the Annual General Meeting (inclusive).

At  the Meeting,  the shareholders  are entitled  to receive  information on the
activities  of AS  Ekspress Grupp  from the  Management Board. If the Management
Board  of AS Ekspress Grupp refuses to provide information, the shareholders may
demand  that the General Meeting  decides on the legitimacy  of their demand, or
submit,  within two weeks, an application to court in proceedings on petition to
require the Management Board to provide the information.

Shareholders  whose  shares  represent  at  least  1/20 of the share capital are
entitled  to present a draft resolution on each agenda item to AS Ekspress Grupp
at  least 3 days prior  to the General  Meeting, i.e. until 13(th) May, 2019, by
submitting    it    in    writing    to    e-mail    address:   [email protected]
(mailto:[email protected]).

Shareholders  whose  shares  represent  at  least  1/20 of the share capital are
entitled  to request  the inclusion  of additional  items in  the agenda  of the
General Meeting of AS Ekspress Grupp, provided that the request is submitted 15
days  prior to the General Meeting at the latest, i.e. until 1(st) May, 2019, by
submitting    it    in    writing    to    e-mail    address:   [email protected]
(mailto:[email protected]).

As   at   17(th) April,   2019, the  share  capital  of  AS  Ekspress  Grupp  is
17,878,104.60 euros.  The total number of  shares is 29,796,841, with each share
granting  one vote.  The right  to vote  is not  granted to  AS Ekspress Grupp's
17,527 own shares.

For   the  registration  of  participants  in  the  Annual  General  Meeting  of
Shareholders, we kindly ask:

  * shareholders who are natural persons to present an identity document (e.g.
    passport or ID card) and representatives of shareholders who are natural
    persons to present an identity document and a written document certifying
    their authorisation;
  * representatives of shareholders who are legal persons to present an extract
    (or other such document) from the relevant (commercial) register where the
    legal person is registered (issued no more than 7 days prior to presenting),
    and the identity document of the representative. In the case of legal
    persons registered in a foreign country, the extract from the register must
    be legalised or certified by an apostil, unless stipulated otherwise in
    international agreements. Transactional representatives of shareholders who
    are legal persons must, in addition to the aforementioned documents, present
    a written document certifying their authorisation. AS Ekspress Grupp may
    also register a shareholder who is a legal person in a foreign country as a
    participant in the General Meeting if all the required data concerning the
    legal person and the representative is contained in a notarised
    authorisation document issued in the foreign country and the authorisation
    document is acceptable in Estonia.

Prior to the General Meeting, shareholders may give notice of the appointment of
a representative and the withdrawal by the principal of the authorisation via e-
mail  to the address [email protected] (mailto:[email protected]) or by delivering
the  aforementioned document(s) to  the seat of  AS Ekspress Grupp  at Parda 6,
Tallinn,  6(th) floor (on business days from 10:00 to 16:00) by 16:00 on 16(th)
May,  2019 at the latest,  using the templates  available on the  homepage of AS
Ekspress   Grupp,   www.egrupp.ee  (http://www.egrupp.ee).  Information  on  the
procedure  of appointment and revocation of the authorisation of representatives
is   available   on   the   homepage   of   AS   Ekspress  Grupp,  www.egrupp.ee
(http://www.egrupp.ee).


Mari-Liis Rüütsalu
AS Ekspress Grupp
Chairman of the Management Board
+372 512 2591
[email protected] (mailto:[email protected])

AS Ekspress Grupp is the leading media group in the Baltic States whose key
activities include web media content production, publishing of newspapers and
magazines and provision of printing services in Estonia, Latvia and Lithuania.
Ekspress Grupp that launched its operations in 1989 employs 1700 people, owns
leading web media portals in the Baltic States and publishes the most popular
daily and weekly newspapers as well as the majority of the most popular
magazines in Estonia.