Harju county court register department made an entry of merger on Tere AS registry card on basis of Tere AS and OÜ Põlva Piim Tootmine merger on conclusion of merger agreement on 14 Apr 2009. The company being acquired OÜ Põlva Piim Tootmine shall be considered wound-up upon entry to Tere AS commercial registry. The members of the management board and supervisory board of Tere AS did not change due to merger - Tere AS members of the management board are Ülo Kivine and Taavi Toots and members of the supervisory board are Aivar Häelm, Marko Kaha, Oliver Kruuda and Allan Viirma. Amount of the share capital of Tere AS did not change; it is 80 million kroons (5,113 million Euros). AS Luterma subsidiary Tere AS and its subsidiary OÜ Põlva Piim Tootmine entered into a merger agreement on 14.04.2009 in which the merger between the parties was agreed so that Tere AS (the acquiring company) would merge with OÜ Põlva Piim Tootmine (the company being acquired). (Look also AS Luterma announcement 16.04.2009 “Conclusion of merger agreement”) Allan Viirma Head of Legal Services 688 6600