Tallink bought three Superfast ferries

[Tedi]

AS Tallink Grupp, Stock Exchange Release
21.03.2006

Acquisition of three new Superfast ferries

AS  Tallink  Grupp  is  pleased  to  announce  that  it  has
contracted  through  some of its subsidiaries  to  buy  from
Attica  Holdings  S.A, three Ro-Pax vessels  SUPERFAST  VII,
SUPERFAST   VIII,  and  SUPERFAST  IX  for  a   total   cash
consideration  of  Euro  310  million.  Pending  legal   and
regulatory  procedures the transaction will close  in  April
2006,  after which AS Tallink Grupp will announce additional
information about the transaction.

The  acquired  new  vessels will start  to  operate  between
Estonia-Finland  and  Estonia-Germany.  The  Estonia-Finland
route  allows  us  to  meet the growing  cargo  demand.  The
Germany  route  creates  for Tallink new  opportunities  for
growth  development and an opportunity to enter the  central
European  market. The German route offers a great  link  for
Estonian  tourists and cargo transport and also  for  German
and other Central European countries an opportunity to visit
Estonia as an attractive tourist destination.

Mr.  Enn Pant, CEO of AS Tallink Grupp said today:

[Holger Jaschob]

Today our local newspaper reports that the three vessels will remain in the route from Rostock to Hanko. There will only be an extra stop in Paldiski which increases the time of one trip up to 24 hours.

[Ostseefoto]

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