SUPERVISORY BOARD OF EESTI PANK DECISION No 3-1
24 April 2007

Profit distribution strategy of Eesti Pank

After studying the analysis of the stability of Estonia's monetary system, the need for reserves by Eesti Pank, the underlying principles that have so far governed the distribution of capital and recommended future strategies in this respect, and proceeding from Section 30 of the Eesti Pank Act and the main profit distribution principles provided in the Statute of Eesti Pank,

the Supervisory Board of Eesti Pank resolves:

to continue the allocation of up to 25% of the profit into the state budget.

Mart Sõrg 
Chairman