Järvevana
Transfer of AS Järvenana shares to the Secondary List
Järvevana / 02.09.2009 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- On 1 August 2008, the company AS Järvevana was divided in two with a new company being separated from AS Järvevana, meaning that its assets, liabilities and contracts, including holdings in other companies and the business name 'Merko Ehitus' - except assets to cover the maximum potential consequences of the so-called land-swap criminal case, and any potential liabilities resulting from the criminal case, were transferred to the newly founded company (the new Merko). Due to the division of the company, the market value of Järvevana's shares fell below the required EUR 4 million, stipulated in clause 6.4 of the listing rules of the stock exchange. On 29 Jan 2009, the Tallinn Stock Exchange submitted to AS Järvevana its proposal to consider delisting the company's shares from the Main List and to apply for the re-listing of the shares on the Secondary List. On 29 June 2009, AS Järvevana submitted their approval for the delisting of the company's shares from the Main List of the Tallinn Stock Exchange and for the re-listing of the shares on the Secondary List of the Tallinn Stock Exchange. On 1 September 2009, the listing and surveillance committee of NASDAQ OMX Tallinn decided to delist the securities of AS Järvevana from the Main List of the Tallinn Stock Exchange as of 15 September 2009, and to list the company's shares on the Secondary List of the Tallinn Stock Exchange starting the same date. Toomas Annus Member of Board +372 6 805 400 toomas.annus@merko.ee News Source: NASDAQ OMX 02.09.2009 Financial News transmitted by DGAP --------------------------------------------------------------------------- Language: English Company: Järvevana Estonia Phone: Fax: E-mail: Internet: ISIN: EE3100003559 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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