ARCO VARA AS - NASDAQ OMX Baltic

INSTRUCTIONS TO INVESTORS IN ESTONIA
In order to submit a Purchase Order an investor must have a securities account with the ECRS. Such
securities account may be opened through any custodian of the ECRS (the Custodian). As at 1 June
2007 the following banks and investment firms operated as Custodians:
• Aktsiaselts SEB Eesti Ühispank
• Aktsiaselts Hansapank
• Nordea Bank Finland Plc Estonian branch
• AS Sampo Pank
• Aktsiaselts Lõhmus Haavel & Viisemann
• Aktsiaselts Eesti Krediidipank
• AS SBM Pank
• Tallinna Äripanga AS
• AS Parex banka
An investor wishing to submit a Purchase Order should contact the Custodian operating its/his/her
ECRS securities account and register a transaction instruction for the purchase of securities in the form
set out below. The Purchase Order can be submitted by any means accepted by its/his/her Custodian
(such as through personal visit to a branch office, via letter or internet).
Owner of the securities account: name of the investor
Securities account: number of the investor’s securities account
Custodian: name of the investor’s Custodian
Security: share of Arco Vara
ISIN code: EE3100034653
Number of securities: maximum number of Offer Shares which the investor
wishes to acquire
Price (per share): Maximum Price = EEK 44
Transaction amount: maximum number of Offer Shares which the investor
wishes to acquire multiplied by the Maximum Price
Counterparty: AS SEB Eesti Ühispank
Securities account of counterparty: 99101157834
Custodian of the counterparty: AS SEB Eesti Ühispank
Value date of the transaction: 20 June 2007
Type of transaction: “purchase”
Type of settlement: “delivery against payment”
An investor may submit a Purchase Order through a nominee account only if it/he/she authorizes and
instructs the owner of the nominee account in writing to disclose its/his/her identity to the registrar of
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