Change in the accounting of majority shareholders


OÜ Toletum, the largest shareholder of Arco Vara AS, splits its assets. After
the transactions 20,5 mln shares of Arco Vara will belong to OÜ Greatway. 

Prior to the transaction OÜ Toletum belonged 50%/50% to Arti Arakas and Richard
Tomingas, after the transaction the sole owner of OÜ Toletum is Richard
Tomingas. OÜ Greatway belongs 100% to Arti Arakas. 

The arrangement improves personal asset management of the founding partners.

Additional information:
Heigo Metsoja
IRO
+372 6144 654
heigo.metsoja@arcovara.ee
http://www.arcorealestate.com