Notice of a 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 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., Celovška cesta 206, Ljubljana, held its first ordinary meeting on 26 April 2005. At the meeting, it adopted the Rules of Procedure of the Supervisory Board of KD Holding d.d. and considered the draft annual reports of KD Holding d.d. and the KD Holding Group for 2004, as well as the Management Board’s report on relations with the parent company, KD Group d.d., and on dealings with associated companies during the 2004 financial year.
As part of the company’s ongoing activities, the Management Board informed the Supervisory Board of the intended merger of KD Group d.d. into KD Holding d.d. The Supervisory Board adopted a resolution to propose to the court that, for the merger auditor who, 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 Holding d.d.
Management Board