Notice of a meeting of the Supervisory Board of KD Group d.d.

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

The Supervisory Board of KD Group d.d. held its 17th ordinary meeting on 24 December 2004. It reviewed the operations of KD Group d.d. and its subsidiaries for the period from 1 January 2004 to 30 November 2004, as well as the planned activities for the 2005 financial year. The Supervisory Board approved the proposed strategy for establishing a comprehensive financial holding company, which is in line with the long-term development strategy of the companies within the KD Group.
The Supervisory Board also adopted the schedule of meetings of the Supervisory Board of KD Group d.d. for 2005.


KD Group d.d.
Management Board