Board Statement

This statement and the disclosure of deviations and their explanations relate to the provisions of the Corporate governance Code for Joint Stock Companies, which was jointly phrased and adopted by the Ljubljana Stock Exchange, Inc., Ljubljana, the Association of Supervisory Board Members of Slovenia, and the Managers' Association of Slovenia on 18 March 2004, which agreed on and adopted amendments thereto on 14 December 2005 and on 5 February 2007. The Code is accessible on the website of the Ljubljana Stock Exchange (www.ljse.si) in the Slovene and English languages.

The contents of this Statement comprise the period from the adoption of the previous Statement of Compliance with the Corporate Governance Code for Joint Stock Companies, i.e. from 23 April 2007 to 24 April 2008, when its contents were jointly phrased and adopted by the Management Board and the Supervisory Board of Gorenje, d.d..

Velenje, 24 April 2008

Management Board
Franc Bobinac
President of the Management Board

Supervisory Board
Dr. Jože Zagožen
Chairman of the Supervisory Board

This statement and the disclosure of deviations and their explanations relate to the provisions of the Corporate governance Code for Joint Stock Companies, which was jointly phrased and adopted by the Ljubljana Stock Exchange, Inc., Ljubljana, the Association of Supervisory Board Members of Slovenia, and the Managers' Association of Slovenia on 18^th Mar 2004, which agreed on and adopted amendments thereto on 14^th Dec 2005 and on 5^th Feb 2007. The Code is accessible on the website of the Ljubljana Stock Exchange (www.ljse.si/) in the Slovene and English languages.

The contents of this Statement comprise the period from the adoption of the previous Statement of Compliance with the Corporate Governance Code for Joint Stock Companies, i.e. from 23^th Apr 2006 to 24^rd Apr 2007, when its contents were jointly phrased and adopted by the Management Board and the Supervisory Board of Gorenje, d.d.

The Management Board,
Gorenje d.d.