The Management Board of Tallinn Stock Exchange decided to remove a watch notation from Saku Õlletehase AS shares based on the clause 3.5.4.6 starting from, July 2,2008 in connection with the end of the takeover bid. And Management Board decided to add a watch notation to Saku Õlletehase AS shares based on the clause 3.5.4.5 of the chapter Supervision of Tallinn Stock Exchange Rules, considering the circumstances that there exists a possibility for commencement of the delisting procedure within the following six (6) months. According to the clause 3.5.1 of the chapter Supervision of TSE Rules, TSE has right to add a watch notation to a share and to the trading information displayed on the Web site to draw the market participants' attention to significant circumstances related to a security or an issuer.According to the clause 3.5.4.5 of the chapter Supervision of TSE Rules, one of the grounds of adding the watch notation is the possibility for commencement of the delisting procedure within the following six (6) months. On May 30, 2008 Saku Õlletehase AS published the results of the offer, stating that after the end of the offer Carlsberg owns 92,40% of Saku Õlletehase AS shares and considering the results of the offer Carlsberg A/S has decided to initiate actions for the squeeze-out of remaining shareholders and de-listing of the shares. Tallinn Stock Exchange Market Services +372 640 8800