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Sale of subsidiary company

In connection to the restructuring of the Group, AS Tallink Grupp’s subsidiary Tallink Silja OY has sold all of its 50% shareholding in the Norwegian subsidiary Reisevarehuset AS. The shares were sold to Det Nordenfjeldske Dampskibsselskab AS at the price of NOK 4 million (EUR 0.5 million).

The net sales of Reisevarehuset AS amounted to NOK 17,6 million and the company made a net loss of 0.23 million NOK in 2006.

The sale of the shares results about EEK 6.7 million (EUR 0.4 million) profit for the Group.

Janek Stalmeister
Financial Director
AS Tallink Grupp
Tel. +372 6409 800
Email: janek.stalmeister@tallink.ee

 
 
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