Börsiteade

Pealkiri

CORRECTION: Changes in AS Tallinna Vesi Supervisory Council members

Teade

The change has been made in first paragraph where it should have been Mr
Fraser’s term of office that is extended by two years from 22nd of January
2014. 

Other information is correct and remain unchanged.



AS Tallinna Vesi’s shareholder United Utilities (Tallinn) B.V. has decided to
extend the term of office of Mr Steven Richard Fraser, the Supervisory Council
member of AS Tallinna Vesi who is appointed by United Utilities (Tallinn) B.V.
Mr Fraser’s  term of office is extended by two years from 22nd of January 2014. 

According to the Articles of Association of AS Tallinna Vesi, United Utilities
(Tallinn) B.V. as a majority shareholder in AS Tallinna Vesi (35,3%) has the
right to appoint two Supervisory Council members of AS Tallinna Vesi and the
City of Tallinn as the other majority shareholder (34,7%) also has the right to
appoint two Supervisory Council members. United Utilities (Tallinn) BV also has
the right to present two Supervisory Council member candidates and the City of
Tallinn has the right to present one Supervisory Council member candidate to be
elected by the annual general meeting of AS Tallinna Vesi shareholders, which
also elects the two independent Supervisory Council members. 

As of 10th January 2014 the members of AS Tallinna Vesi’s Supervisory Council
are Robert John Gallienne, Steven Richard Fraser, Simon Gardiner and Brendan
Francis Murphy (United Utilities Tallinn B.V.), Priit Lello, Rein Ratas and
Toivo Tootsen (Tallinn City), Mart Mägi and Allar Jõks (independent). 


         Mariliis Mia Topp
         AS Tallinna Vesi
         Head of Communications
         Tel: (+372)626 2275
         [email protected]