Receipt of the ATVP’s decision granting authorisation for organised trading in shares of KD Holding d.d.

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 Group, d.d., Ljubljana, hereby issues the following announcement:

KD Holding, finančna družba, d.d., Ljubljana (KD Holding) announces that on 27 December 2005 it received a decision from the Securities Market Agency of the Republic of Slovenia (ATVP) authorising organised trading in 448,565 ordinary registered shares with the symbol KDHR, issued on 5 November 2004 as part of the merger of KD Naložbe d. d., Ljubljana (KD Naložbe), and 1,302,106 ordinary registered shares with the ticker symbol KDHR, issued pursuant to an increase in the share capital of KD Holding through contributions in kind, entered in the court register on 16 November 2005, which, in accordance with the order, will be issued by KDD – Centralna klirinško depotna družba, d. d., Ljubljana (KDD).
On 25 November 2005, KD Holding submitted a joint application to the ATVP for authorisation for organised trading in shares issued in the course of the merger and in shares issued in the process of increasing the company’s share capital through contributions in kind, for which it prepared a single prospectus in accordance with Commission Regulation (EC) No 809/2004. With the authorisation issued by the ATVP for organised trading in both issues of KDHR shares, KD Holding has fulfilled the obligation set out in the decision of Ljubljana Stock Exchange d.d., Ljubljana (the Stock Exchange) dated 16 March 2005 and its supplementary decisions of 15 June 2005 and 30 November 2005 regarding the conditional temporary suspension of trading in shares with the symbol KDHR on the open market.
In view of the above, trading in KDHR shares issued to date on the open market (including shares issued in the merger process) will continue uninterrupted, upon completion of the issue of 1,302,106 KDHR shares, which will be issued by KDD in accordance with the increase in share capital through contributions in kind, and regarding their admission to trading on the open market, the public will be duly informed. KD Holding will publish the prospectus summary and the prospectus for organised trading in KDHR shares immediately after the new shares are issued by KDD.
From 27 December 2005 until further notice, the company will also publish this notice on its website www.kd-group.si under the ‘Notices’ section in the ‘Public Announcements’ category.



KD Holding d.d.
Management Board