Notice regarding the resolution adopted to increase the share capital of KD Investments d.o.o.

Pursuant to the provisions of the Rules of the Ljubljana Stock Exchange d.d. and the ZTVP-1 (Official Gazette of the Republic of Slovenia, No. 56/99), KD d.d., Ljubljana, hereby issues the following announcement:

KD Group d.d. hereby informs the public that on 14 March 2003, as the sole shareholder of KD Investments d.o.o., it adopted a resolution to increase the share capital of KD Investments d.o.o. by 68,571,428.60 SIT.
On the basis of the aforementioned resolution, contracts were concluded and actions taken on the same day in relation to the increase in share capital. The shares representing the increased share capital were taken up by the new shareholders, who, in return, contributed the company Beta Invest, an investment company, d.o.o., Ljubljana, as a contribution in kind. The share capital of KD Investments d.o.o. will thus, upon entry of the increase in the court register, amount to 228,571,429.00 SIT and will be divided amongst five shareholders:

- KD GROUP, d.d., Ljubljana will hold a shareholding of 160,000,000.00 SIT, representing 70 per cent of the company’s share capital;
- DRI, d.o.o., Ljubljana will hold a share in the amount of 17,142,857.00 SIT, or 7.5 per cent of the company’s share capital;
- IT Inženiring d.o.o., Ljubljana will hold a share in the company amounting to 17,142,857.00 SIT, or 7.5 per cent of the company’s share capital;
- INDESIGN d.o.o., Ljubljana will hold a shareholding of 17,142,857.00 SIT, representing 7.5 per cent of the company’s share capital;
and - AVRA, d.o.o., Ljubljana, will hold a share in the amount of 17,142,858.00 SIT, representing 7.5 per cent of the company’s share capital.

Upon the entry of the increase in the share capital of KD Investments d.o.o. in the court register, the inclusion of KD Investments d.o.o. in the parent company KD Group d.d.


will cease. KD Group d.d.
Management Board