The Annual General Meeting of shareholders of AS Viisnurk (registry code 11421437, address 48 Suur-Jõe, Pärnu) will be held in AS Viisnurk head office at 48 Suur-Jõe, Pärnu, Estonia, on June 17, 2010 at 14:00.

 

The agenda of the annual meeting and proposals of the Supervisory Board:

 

1. Approval of the Annual Report for 2009

 

Proposal of the Supervisory Board: approve the Annual Report of AS Viisnurk for 2009, which exposes the consolidated balance sheet value of 132,803 thousand kroons (8,488 thousand euros) on 31.12.2009 and the net profit of the financial year of 155 thousand kroons (10 thousand euros).

 

2. Profit allocation for 2009

 

Proposal of the Supervisory Board: approve the profit distribution proposal of AS Viisnurk:

- retained profits on 31.12.2008 15,759 thousand kroons (1,007 thousand euros)

- net profit of 2009 155 thousand kroons (10 thousand euros)

- retained profits on 31.12.2009 15,914 thousand kroons (1,017 thousand euros)

The Supervisory Board proposes not to distribute the profit.

 

3. Election and principles of remuneration of auditor for the financial year 2010

 

Proposal of the Supervisory Board: appoint AS PricewaterhouseCoopers (registry code: 10142876, address: Pärnu mnt 15, 10141 Tallinn) as an auditor for the financial year 2010. Public accounting services will be paid for in accordance with the contract to be drawn up with the auditor.

 

For questions on the agenda of the general meeting of the shareholders, we kindly ask to contact by e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it..

 

The documents of the Annual General Meeting, including the Supervisory Board’s report, the Annual Report of AS Viisnurk for 2009, proposal for profit allocation and auditor’s report will be available at the head office of AS Viisnurk at 48 Suur-Jõe, Pärnu, starting from May 20, 2010, on working days at 10:00 to 16:00 and on the company's website http://www.viisnurk.ee.

 

Information on the procedure for exercising the rights specified in the Commercial Code § 287, § 293 (2) and (2¹) and § 293'1 (4) and the term thereof is published on the website of AS Viisnurk http://www.viisnurk.ee.

 

As of the date of publishing of the announcement, AS Viisnurk has 4,499,061 shares and each share gives one vote.

 

The date of closing the list of shareholders entitled to vote at the Annual General Meeting will be June 10, 2010 at 23:59.

 

Registration of the participants in the meeting will begin at 13:45

 

To register yourself as a participant in the general meeting, please present:

a shareholder who is a sole proprietor – an identity document

a representative of a shareholder who is a sole proprietor – an identity document and a written authorisation document

a representative of a shareholder who is a legal person – valid certified copy of the registry card (for legal persons in Estonia, certified no earlier than 7 days ago), which entitles the person to represent the shareholder, and an identity document of the representative, or an authorisation document prepared as required and an identity document of the representative. We request prior legalisation or apostille certification of documents of a legal person registered in a foreign country, unless stated otherwise in the international agreement.

AS Viisnurk may register a shareholder who is a legal person of a foreign country as a participant in the general meeting also in case all required data on the legal person and the representative are included in the notarised authorisation document issued to the representative in a foreign country and the authorisation document is acceptable in Estonia. If a shareholder has deposited his/her shares on a nominee account, a respective certificate issued by the account administrator shall be submitted, certifying the right of ownership of the shares as of 10 June 2010.

 

Please present your passport or identity card as an identification document.

 

A shareholder may notify AS Viisnurk of the appointment of a representative or withdrawal of authorisation by a representative by submitting respective information to Einar Pähkel, member of the Management Board of AS Viisnurk, in a digitally signed format which can be reproduced in writing on the following e-mail address: This email address is being protected from spambots. You need JavaScript enabled to view it., or in writing by mail at the following address: AS Viisnurk, 48 Suur-Jõe, Pärnu 80042, Estonia or by delivering the documents in person to the office of AS Viisnurk at the above-mentioned address at least 3 days before the general meeting (no later than on 14.06.2010 at 16:00).

 

For the appointment of a representative or withdrawal of authorisation by a representative, a shareholder may use the forms available on the website of AS Viisnurk http://www.viisnurk.ee.

 

 

Einar Pähkel

CFO

+372 447 8331