Notice of a correspondence meeting of the Supervisory Board of KD Holding 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 Group, d.d., Ljubljana, hereby issues the following announcement:

The Supervisory Board of KD Holding d.d. held a meeting by correspondence on 7 June 2004, at which it was informed of the intended merger of KD Naložbe d.d. into KD Holding d.d. and adopted a resolution to appoint PricewaterhouseCoopers d.o.o. as the merger auditor, who, in accordance with Article 514 of the Companies Act, the audit firm PricewaterhouseCoopers d.o.o.



be appointed as the merger auditor. KD Holding d.d.
Management Board