OREANDA-NEWS. January 29, 2010. There were shareholders having 514 806 896 votes registered at the Annual General Meeting, constituting 76,85% of total of the votes represented by shares of AS Tallink Grupp.

Resolutions adopted at the meeting:

1. Approval of the Annual Report of 01.09.2008 - 31.08.2009 of AS Tallink Grupp.
Based on § 298 section 1 subsection 7, of the Commercial Code the General Meeting resolved:
To approve the Annual Report of 01.09.2008 - 31.08.2009 of AS Tallink Grupp presented by the Management Board.

Tabulation of votes:
In favor: 511 598 211 votes (99,38% of the represented votes)
Against: 0 votes
Impartial: 3 206 361 votes (0,62% of the represented votes)
Did not vote: 2 324 votes

2. Distribution of profits.
Based on § 298 section 1 subsection 7 and § 335 of the Commercial Code, the General Meeting resolves:

The loss for the financial year 01 September 2008 - 31 August 2009 of EEK 127,913,000 to be covered with retained earnings;
No dividend distributions to shareholders.

Tabulation of votes:
In favor: 514 419 292 votes (99,92% of the represented votes)
Against: 0 votes
Impartial: 385 280 votes (0,07% of the represented votes)
Did not vote: 2 324 votes

3. Nomination of an auditor and determination of the procedure of remuneration of an auditor.
Based on § 298 section 1 subsection 5 and § 328 of the Commercial Code, the General Meeting resolves:

1) To nominate the company of auditors KPMG Baltics AS to conduct the audit of the financial year 01.09.2009 - 31.08.2010.
2) The auditors shall be remunerated according to hourly tariff stipulated in the audit contract to be concluded upon the approval of the draft thereof by the Supervisory Board.

Tabulation of votes:
In favor: 514 388 972 votes (99,92 % of the represented votes)
Against: 0 votes
Impartial: 385 600 votes (0,07% of the represented votes)
Did not vote: 32 324 votes

4. Election of the member of the Supervisory Board.
Based on § 298 section 1 subsection 4 and § 319 subsection 1 of the Commercial Code, the General Meeting resolves:

Due to the expiry of the term of authority of Mr Kalev Jдrvelill to elect for a member of the Supervisory Board of AS Tallink Grupp Mr Kalev Jдrvelill.

Tabulation of votes:
In favor: 514 773 292votes (99,99 % of the represented votes)
Against: 0 votes
Impartial: 480 votes (0,00% of the represented votes)
Did not vote: 33 124 votes

5. Reducing the remunerations of the members of the Supervisory Board.
Based on § 298 section 1 subsection 10 and § 326 of the Commercial Code, the General Meeting resolves:

To reduce the remuneration of the members of the Supervisory Board by 20% until 31.08.2010.

Tabulation of votes:
In favor: 508 485 916 votes (98,77 % of the represented votes)
Against: 1 105 608 votes (0,21 % of the represented votes)
Impartial: 2 068 648 votes (0,40% of the represented votes)
Did not vote: 3 146 724 votes