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 the 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., Celovška cesta 206, Ljubljana, held its first ordinary meeting on 26 April 2005. At the meeting, it adopted the Rules of Procedure for the Supervisory Board of KD Group d.d. and reviewed the draft annual reports of KD Group d.d. and the KD Group for the year 2004.
As part of the company’s ongoing activities, the Management Board informed the Supervisory Board of the planned merger of KD Group d.d. into KD Holding d.d. The Supervisory Board adopted a resolution to propose to the court that PricewaterhouseCoopers d.o.o., Ljubljana, be appointed as the merger auditor, who will, in accordance with Article 514 of the Companies Act, review the merger agreement. The Supervisory Board also took note of other ongoing activities and a summary of the business plan for 2005.
This notice will also be published on the website www.kd-group.si from 26 April 2005 until further notice, in the ‘Notices’ section under the heading ‘Public Announcements’.


KD Group d. d.
Management Board