Järvevana
MKO: DIVISION OF AS MERKO EHITUS: COMMERCIAL REGISTRY ENTRY AND FURTHER STEPS
Merko Ehitus / Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Merko Ehitus Company Announcement 01.08.2008 DIVISION OF AS MERKO EHITUS: COMMERCIAL REGISTRY ENTRY Today, the Registration Department of the Harju County Court registered the division of AS Merko Ehitus. According to the division plan published in the stock exchange release on 30.04.2008, the following changes took effect today. The business name of the currently listed company has been changed to AS Järvevana. The new company has been named AS Merko Ehitus. The business of the former AS Merko Ehitus, i.e. all assets, liabilities and contracts, including equity interest in other companies, as well as the business name of Merko Ehitus now belong to the new AS Merko Ehitus, except for the liquid assets to the amount of the maximum possible outcome of the criminal proceedings in the so-called land swap case and contingent liabilities related to the proceedings, which belong to AS Järvevana as of today's entry. AS Järvevana and AS Merko Ehitus concluded on 31.07.08 a cooperation agreement, specifying the terms and conditions for the exercise of the options and the terms of the loan agreed on in Annex 3 of the Division Plan as well as other issues relating to the division and the principles for the administration and development of the property named in the same document. The cooperation agreement is available on the following website: http://www.merko.ee/investor/news The management of the company has carried out all required preparatory procedures to ensure that trading with the new shares can start on the main list of the Tallinn Stock Exchange on 11.08.2008. In the course of the preparatory procedures, the prospectus of the new AS Merko Ehitus will be published next week, subject to the approval of the Estonian Financial Supervision Authority. Alar Lagus Member of the Management Board 6 805 105 merko@merko.ee News Source: NASDAQ OMX 01.08.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Merko Ehitus Estonia Phone: Fax: E-mail: Internet: ISIN: EE3100003559 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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