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Croatia - Shares in Croatia's T-HT estimated at HRK 225 each.

Europe Intelligence Wire

| May 22, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Telecompaper Europe)

Anticipating the autumn sale of 20 percent of Croatian telecom operator T-HT, analysts at the Hypo Alpe Adria Bank (HAAB) estimate that the value of an individual share will be HRK 225 (EUR 31). This means that the 20 percent that will be up for sale is worth an estimated HRK 3.7 billion (EUR 505 million). When preparing their estimate, HAAB analysts compared the results of T-HT with the results of ...

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