In February 2008 AS Tallink Grupp transported 606,058 passengers which is the best result in the current financial year so far. The number of transported passengers increased by 33% compared to the February 2007 whereas the improvement in passenger transportation was seen on all our routes. The highest increase came from Tallinn-Helsinki route where the number of passengers increased by 51%. This positive development is mainly the result of the operations of new Shuttle vessel “Star”, being the only high speed vessel resistant to the difficult weather conditions in winter. AS Tallink Grupp's passenger, cargo unit and passenger car numbers for February 2008 and second quarter of the 2007/2008 financial year were the following: Feb 2008 Feb 2007 change II Q 07/08 II Q 06/07 change Passengers 606,058 455,727 33.0% 1,570,255 1,361,946 15.3% Finland-Sweden 269,482 244,641 10.2% 654,388 692,706 -5.5% Estonia-Finland 244,015 161,419 51.2% 659,965 485,497 35.9% Estonia-Sweden 66,196 34,333 92.8% 172,385 131,919 30.7% Latvia-Sweden 18,548 9,061 104.7% 58,642 32,045 83.0% Finland-Germany 7,817 6,273 24.6% 24,875 19,779 25.8% Cargo units 27,601 28,844 -4.3% 79,374 83,021 -4.4% Finland-Sweden 8,932 10,607 -15.8% 25,060 30,993 -19.1% Estonia-Finland 10,048 7,971 26.1% 27,901 22,642 23.2% Estonia-Sweden 3,410 3,556 -4.1% 10,258 10,474 -2.1% Latvia-Sweden 1,057 611 73.0% 2,894 1,766 63.9% Finland-Germany 4,154 6,099 -31.9% 13,261 17,146 -22.7% Passenger vehicles 38,507 30,037 28.2% 128,180 95,533 34.2% Finland-Sweden 6,609 7,939 -16.8% 25,237 27,922 -9.6% Estonia-Finland 25,489 15,558 63.8% 78,381 43,810 78.9% Estonia-Sweden 2,795 2,711 3.1% 10,184 11,090 -8.2% Latvia-Sweden 2,135 1,735 23.1% 8,780 6,451 36.1% Finland-Germany 1,479 2,094 -29.4% 5,598 6,260 -10.6% The following operational factors influenced the development. FINLAND-SWEDEN The sale of M/S SkyWind in August 2007 resulted in smaller capacities in February 2008 compared to February 2007. M/S Silja Europa schedule has been changed. Instead of Turku-Kapellskär the vessel now operates on route Turku-Stockholm. M/S Sea Wind schedule was changed so that the vessel will not stop in the Aland Islands any more. As a result the vessel is now carrying only cargo units compared to passenger, car and cargo mix before. ESTONIA-FINLAND Tallink Shuttle service with new M/S Star was operated between Tallinn and Helsinki route compared to operations of M/S Vana Tallinn and M/S Kapella in the same period of last year. ESTONIA-SWEDEN Cargo vessel M/S Kapella did not operate in January 2008 due to scheduled docking and returned to operations on 4th of February. LATVIA-SWEDEN The operations of two vessels and everyday departures to both destinations compared to one vessel operations in previous financial year have increased the volumes on Latvia-Sweden route. M/S Regina Baltica did not operate for 6 days in February 2008 due to scheduled docking. FINLAND-GERMANY The traffic results were affected by the increased competition in cargo transportation. As a result of the new group-wide booking system the availability of statistical data has improved. Therefore from now on we will publish the monthly statistics during the first five business days of the following month. Janek Stalmeister Financial Director AS Tallink Grupp Tel. +372 6409 800 e-mail: janek.stalmeister@tallink.ee