Tallinna Vesi
AS Tallinna Vesi concluded Services Agreement negotiations with the City of Tallinn
Tallinna Vesi / 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 Tallinna Vesi has today concluded negotiations with the City of Tallinn regarding changes to the Services Agreement. To reflect the fall in construction prices and in the spirit of cooperation, the parties have agreed a new compensation schedule that will reduce the amount to be paid and the length of the payment period by three and a half years. In addition, the parties have agreed to amend some Levels of Service to make them consistent with changes in law made since the contract was signed. Priit Koff Head of Communications AS Tallinna Vesi +372 6262 209 priit.koff@tvesi.ee News Source: NASDAQ OMX 28.07.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Tallinna Vesi Estonia Phone: Fax: E-mail: Internet: ISIN: EE3100026436 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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