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

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

Following the appointment of Mr Sergej Racman, Mr Aleksander Sekavčnik and Mr Robert Šega as members of the Supervisory Board at the 8th General Meeting of Shareholders of KD Group d.d., the members of the company’s Supervisory Board – comprising Mr Milan Kneževič, Mr Sergej Racman, Mr Aleksander Sekavčnik and Mr Robert Šega – held their inaugural meeting on 7 March 2005.
At this meeting, the members elected Mr Milan Kneževič from among themselves as Chairman of the Supervisory Board and Mr Aleksander Sekavčnik as Deputy Chairman of the Supervisory Board.
Following the expiry of the term of office of the managing director of KD Group d.d., Mr Matjaž Gantar, the Supervisory Board reappointed Mr Matjaž Gantar as managing director for a four-year term. Mr Matjaž Gantar’s term of office commences on the date of his appointment at the inaugural meeting of the Supervisory Board.

This notice will also be published on the company’s website, www.kd-group.si,


from today, 7 March 2005, until further notice. KD Group d.d.
Management Board