Publication of unaudited, non-consolidated financial statements

In accordance with 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 Group, d.d., Ljubljana hereby publishes the unaudited, unconsolidated financial statements for 2004

of KD Holding, financial company, d.d., Celovška cesta 206, Ljubljana, in accordance with the Securities Market Act (ZTVP-1, Official Gazette of the Republic of Slovenia, No. 56/99, as amended) and the Rules of the Ljubljana Stock Exchange, d.d., publishes the unaudited, non-consolidated financial statements for 2004 and significant notes relating to the operations of KD Holding, finančna družba d.d.

The unaudited, unconsolidated financial statements for 2004 and significant notes relating to the operations of KD Holding, a financial company d.d., will also be published on the website www.kd-group.si




from 31 March 2005 until further notice. KD Holding d.d.
Management Board