Prospectus for the organised trading of bonds from the 1st issue

The Management Board of KD Holding, finančna družba, d.d., Ljubljana (hereinafter: KD Holding) hereby informs the public that on 23 November 2005, the Securities Market Agency of the Republic of Slovenia, under ref. no. 11/322/AG-05-(835), granted KD Holding a licence for organised trading in the first issue of bonds, namely 400,000 registered bonds, each with a nominal value of EUR 100, totalling a nominal amount of EUR 40,000,000.
The prospectus and summary of the prospectus for organised trading in KDH1 bonds are published in the attachment; the company will also publish these documents on its website.

From 30 November 2005 until further notice, the company will also publish this notice on the website www.kd-group.si under ‘Notices’ in the ‘Public Announcements’ section.



KD Holding d.d.
Management Board