Last Friday the online edition of Äripäev published information, sourced to AS Lõhmus, Haavel & Viisemann, indicating that AS Kalev had acquired shares in AS Santenor. AS Kalev hereby states that it has not acquired the shares in question. For its part, AS Kalev released information on AS Santenor in its press releases of 12 February 2007 and 8 March 2007. At present, proceedings are under way in Harju County Court in an action filed by AS Lõhmus, Haavel & Viisemann against AS Kalev. The plaintiff is seeking to be awarded 2.5 million kroons from the defendant. Considering the negligible effect of the said court proceedings on the economic activities of AS Kalev, the issuer does not consider it necessary to comment any further on this topic. Allan Viirma Head of the legal service 607 7831
Court dispute
| Source: Luterma