Sale of M/S Kapella

Tallink Grupp 

03.08.2012 11:39
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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
News Source: NASDAQ OMX



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Language:     English
Company:      Tallink Grupp
              
               
              Estonia
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         EE3100004466
WKN:          
 
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