OÜ Trigon Wood (former name OÜ Trigon RED Finance) hereby announces that
according to Takeover Rules Art. 12 and Securities Market Act Art. 166 and
due to gaining dominant influence over AS Viisnurk, OÜ Trigon Wood is
obliged to make a take-over bid for all shares of AS Viisnurk that are yet
not owned by OÜ Trigon Wood.

OÜ Trigon Wood gained dominant influence over AS Viisnurk on June 3rd 2005
by acquiring 2,675,752 shares of AS Viisnurk (59.47% of share capital)
from the previous majority owner Baltic Republics Fund.

OÜ Trigon Wood will publish the take-over bid after confirming the take-over
announcement, prospectus and rules with the Financial Supervisory Authority.

OÜ Trigon Wood does not intend to stop the listing of the shares of
AS Viisnurk at the Tallinn Stock Exchange because OÜ Trigon Wood as a
financial investor considers the listing increasing the value of AS Viisnurk.

Further information:
Joakim Helenius
Phone: +372 667 9200