Luterma
Delisting request
Kalev / Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- AS Kalev submitted on February 23rd, 2009 to NASDAQ OMX Tallinn Stock Exchange an application for delisting AS Kalev shares. Management estimated that failure by Alta Capital Partners to execute food industry enterprise sales agreement concluded on 2007 to AS Kalev does not allow to execute business plans planned on fall 2007. Amongst other things AS Kalev does not see the opportunity to comply with freefloat requirement set by the rules of Tallinn Stock Exchange. Resolution on satisfying or rejecting the delisting request will be made by Stock Exchange within three months as of submitting application of delisting request, by exception of the rules of Tallinn Stock Exchange resolution may also be made during six months. Allan Viirma Head of Legal Services 688 6600 News Source: NASDAQ OMX 25.02.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Kalev Estonia Phone: Fax: E-mail: Internet: ISIN: EE3100002460 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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