Notice of the General Meeting of Shareholders

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. 51/06, UPB 2), the company’s management hereby convenes a meeting of the company’s shareholders.

CORRECTION to the notice convening the 11th General Meeting of Shareholders of KD GROUP d.d.

In the notice convening the 11th General Meeting of Shareholders of KD Group, d.d., Ljubljana, which was published in the newspaper Dnevnik on 25 July 2007, the draft resolution under item 2 of the meeting’s agenda is amended such that, in the first indent of item 2.2, the words ‘fixed’, ‘for the year 2006’, ‘ordinary’ and ‘to holders of preference shares’ are deleted.

The correct wording of the proposed resolution under item 2 of the agenda is as follows:
2.1. The General Meeting takes note of the Supervisory Board’s report on the review of the annual report of the KD Group and KD Group d.d. for the financial year 2006, the Supervisory Board’s favourable opinion on the audit reports and the approval of the annual report of the KD Group and KD Group d.d. for the financial year 2006.
2.2. The company’s retained earnings, which as at 31 December 2006 amounted to 485,974,364.87 SIT (2,027,935.49 EUR), shall be allocated as follows:
- a portion of the retained earnings amounting to 783,031.20 EUR, arising from retained profits, shall be used to pay a dividend to shareholders holding registered shares in SKDR. The gross dividend per share amounts to 4.20 EUR.
The dividend is payable to shareholders who, two working days after the date of the general meeting (the record date for dividend entitlement), are entered in the company’s share register, which is maintained in the central register at KDD. The company will pay dividends to shareholders for whom it holds complete details within 30 days of the resolution being passed at the General Meeting. Taking into account the holding of own shares on the record date for dividend entitlement, the projected amount for the dividend payment shall be reduced accordingly and shall remain in retained earnings; the decision on its allocation shall be carried forward to the following year;
- the remaining portion of the retained earnings, amounting to EUR 1,244,904.29, shall not be appropriated, and the decision on its use shall be deferred to the following year.
2.3. The General Meeting grants discharge to the Supervisory Board, thereby confirming and approving the work of its members in the 2006 financial year.
2.4. The General Meeting grants discharge to the Management Board, thereby confirming and approving its work in the 2006 financial year.

A correction to the notice convening the General Meeting was published in the newspaper *Dnevnik* on 27 July 2007. This notice will also be published from this date onwards on the company’s website www.kd-group.com under ‘Public Announcements’.


KD Group d.d.
Management Board