Notice regarding the acquisition of a qualifying holding

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

KD Group, financial company d.d., Celovška 206, Ljubljana, in accordance with the provisions of Article 66 of the Securities Market Act (Official Gazette of the Republic of Slovenia, No. 56/99, as amended), paragraph 2 of Article 64 of the Takeovers Act (Official Gazette of the Republic of Slovenia, No. 47/97, 56/99), the provisions of the Decision on the detailed content and method of publication of announcements by public companies, and the Stock Exchange
Rules,
we hereby give notice that on 3 January 2005, Hypo Alpe-Adria-Bank d.d. Ljubljana, acting on behalf of Hypo Alpe-Adria-Bank AG Liechtenstein, informed us that on 29 December 2004, Hypo Alpe-Adria-Bank AG, Landstrasse 126a, Schaan, Liechtenstein, had become the holder of 19,916 shares in KD Group d.d. with the ticker symbol SKDR, representing a 10.68 per cent stake in all the shares of KD Group d.d., Ljubljana.


KD Group d.d.
Management Board