Saku Õlletehase AS leaves the Tallinn Stock Exchange and ekspresses its gratitude for the trust of shareholders.

On September 19, 2008, the shares of Saku Õlletehase AS are listed in Tallinn
stock exchange for the last day. Saku Õlletehase AS thanks all investors who
have belonged to the circle of shareholders throughout the years and by this
showed its trust towards the oldest brewery in Estonia and earned to its
capital a significant profit. Saku Õlletehase AS has also been one of the best
dividend payers and by this earned profit to investors throughout the years. 

On September 19, 194.06 EEK per one share will be transferred to the minor
shareholders of Saku Õlletehase AS.  On the same day all shares which were
previously in the ownership of minority shareholders of Saku will be
transferred to Carslberg Estonia HOlding OÜ. 

Saku Õlletehase is glad that the company has had the chance to operate for 12
years as a public company, being the market leader of Estonian beer market, won
the title of Best Food Industry in Estonia, belonged to the 5 most prestigious
Estonian companies and provided its consumers with best products. 

With belonging to Carlsberg group, Saku Õlletehase AS will also from now on be
one part of public stock exchange company.  The mother-company Carslberg AS
shares have been issues in Copenhagen Stock Exchange. 

Saku Õlletehas will continue to follow the principles of honest and open
business enterprise, will hold an open attitude towards its consumers, clients
and cooperation partners as well as to the wider publicity.  The main objective
of Saku Õlletehase AS is to provide refreshing and pleasant experience to beer
friends with its quality products.  Selleks kohustab Sakut tema ajalugu ja
traditsioonid. The predecessor of Saku Õlletehase was the brewery established
by Karl Friedric von Rihbinder in Saku manor in 1820. 

Also the fact that on September 18, Saku Õlletehase AS won the first price in
category Most Competitive Food and Beverage Industry in Estonia, indicates the
ability of Saku Õlletehase to be on the top of Estonian best companys' ranking
from now on. 

Saku has been a significant company in Estonian share market by raising the
generation of investors after the ragain of independence in Estonia.  Saku
Õlletehase AS shares were issued in Tallinn Securities market for the first
time in August 12, 1996 and in additional list of stock exchange in January 27,
1998.  During the privatization process in 1995, many people had the
opportunity to buy Saku Shares for the privatization vouchers, whereas price
for one share was 25 privatisation vouchers for one share.  At that time,
privatisation voucher cost was 17 cents, i.e. 4.25 EEK per share. During this
12 years, Saku share has been constantly growing, by reaching the peak in 2007,
when the price per one share was 278.35 EEK. 

When becoming the stock exchange company, Saku Õlletehase AS had in addition to
the main shareholder - Baltic Beverages Holding AB- more than 8000 minor
shareholders out of which approximately 4000 minor shareholders remained stable
investors. 

The leaving of Saku Õlletehase AS from the stock exchange is related to the
acquisition of the main international beverage companies in which the
ownercompany Carlsberg and its competitor Heineken divided the Scottish and
Newcastle. As a result of this Carlsberg became the sole owner of Saku
Õlletehase AS with 75% of shares and by law it became compulsory for Carlsberg
to  make an acquisition offer to all other minor shareholders of Saku.  Since
70% of the minor shareholders of decided to sell their shares to Carlsberg
within the acquisition offer, Carlsberg became to own 92.4% of Saku shares. 
After this Carlsberg decided to acquire the remaining shares for the
compensation of 194.06 EEK per one share, and de-list the shares of Saku
Õlletehase AS from Tallinna Stock Exchange. 

Saku Õlletehase AS expresses its gratitude to all investors, who throughout
more than 12 years have trusted Saku. Also Saku Õlletehase AS wishes all
investors luck in increasing the capital. 

Priit Põiklik
Communication Manager
Dir +372 650 8303  Mob +372 505 5222
priit.poiklik@saku.ee

Saku Brewery Ltd
Part of the Carlsberg Group
2 Tallinn Str Saku 75501 Harjumaa Estonia
Tel + 372 650 8400  Fax +372 650 8401
http://www.saku.ee