Published: 2012-08-03 11:39:14 CEST
Tallink Grupp
Company Announcement

Sale of M/S Kapella

Tallinn, 2012-08-03 11:39 CEST (GLOBE NEWSWIRE) -- Sale of M/S Kapella 

AS Tallink Grupp has come to an agreement with Reklon Holding Ltd to sell the motor vessel Kapella. For the sake of ease the sale is concluded by selling the shares of Kapella Shipping Ltd. of Bahamas, a subsidiary of AS Tallink Grupp that owns M/S Kapella. 

The transaction is planned to be concluded in August 2012. 

Kapella Shipping Limited’s only activity has been the holding of MS Kapella. It is an insignificant subsidiary in the Group and the sale will not have any material effect on AS Tallink Grupp’s consolidated financial results nor its operations.

         Harri Hanschmidt
         Head of Investor Relations
         
         
         
         AS Tallink Grupp
         Sadama 5/7. 10111 Tallinn
         Tel +372 640 8981
         E-mail harri.hanschmidt@tallink.ee