News

APPOINTMENT OF AIVAR KEMPI TO THE MANAGEMENT BOARD OF AS TRIGON PROPERTY

12.12.2007 15.01,

The Supervisory Board of AS Trigon Property Development decided at its meeting held on 08.10.2007 to remove from the management board the current management board members Aivar Kivistik, Einar Pähkel and Erik Piile, who will continue as the management board members of AS Viisnurk, and to appoint Aivar Kempi as the new management board member. Aivar Kempi has graduated from Tallinn University of Technology as a construction engineer in 1982 and has an experience in property development business since year 1982, being among other companies managed from 1997 to 2005 several property related divisions in AS Merko Ehitus and being director of property development in AS Trigon Capital since August 2005 from today. Aivar Kempi does not own any shares of AS Trigon Property Development.

Pursuant to the stock exchange release published earlier Ülo Adamson, who is currently the chairman of the Supervisory Board, will be appointed as the chairman of the management board in addition to Aivar Kempi. The said change will be effected right after adoption of the resolution of the general meeting which removes Ülo Adamson from the position of the member of the supervisory board.

Ülo Adamson
+372 51 39 424