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Stock Exchange Release: Tallink Spa hotel

AS Tallink Grupp, Stock Exchange Release
01.02.2006

Tallink Spa hotel

Today a cornerstone will be laid for the new Tallink Spa Hotel which according to the letter of intent will be rented to and operated by OÜ  TLG Hotell, a subsidiary of AS Tallink Grupp. The real estate developer and the owner of the hotel OÜ Sunbeam, a subsidiary of AS Infortar, informed OÜ TLG Hotell that the construction should be completed later this year in December. The total cost of the 290 room hotel is estimated to be approximately EEK 450 million (EUR 28.8 million) which is OÜ Sunbeam’s investment.

Janek Stalmeister
AS Tallink Grupp
Financial Director
Tel: +372 6409 800

Additional information:
Peter Roose
Investor Relations Manager
AS Tallink Grupp
tel.: +372 6 409 800
www.tallink.com

 
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