AS EMT and Elion Ettevõtted AS to merge with their subsidiaries

| Source: Eesti Telekom Eesti Telekom 

AS Eesti Telekom			Announcement			24.04.2009

AS EMT and Elion Ettevõtted AS to merge with their subsidiaries

AS Eesti Telekom Council has given the Board approval to initiate mergers and
enter into relevant agreements with the goal to simplify  Eesti Telekom Group
structure, by merging AS EMT with its 100% subsidiaries EMT Esindused AS and AS
Mobile Wholesale, and Elion Ettevõtted AS with its 100% subsidiary Elion
Esindus AS.  The aim is to achieve greater efficiency in business processes. 
The mergers are planned to be concluded by August 2009 at the latest.
AS EMT and Elion Ettevõtted AS are wholly owned subsidiaries of AS Eesti
Telekom.  The planned merger will not cause any changes in information
disclosed to stock exchange as the results of EMT Group and Elion Group are
already consolidated. 


Additional information:

Valdo Kalm
CEO
Phone + 372 6111 470