Today, the prosecutor’s office brought charges against Selver AS, a subsidiary of Tallinna Kaubamaja AS, in concluding an agreement between competitors and activities in the course of which the price of certain goods was allegedly fixed regarding third persons. Judicial proceedings will be initiated following the charges. According to the prosecution, Selver AS, Rimi Eesti Food AS, Maxima Eesti OÜ, Prisma Peremarket AS, AS Helter-R and AS Liviko agreed to raise the retail prices of certain types of vodka in 2009. Selver AS considers the accusation unfounded and takes the position that it has not committed the acts listed in the charges. Selver AS will continue its daily business activities and keep the stock exchange informed of developments in this situation in accordance with legislative requirements and the rules and regulations of the stock exchange.
Raul Puusepp Chairman of the Board Phone: +372 731 5000