Thursday, 20th November 2008, Velenje, Slovenija
Gorenje, d.d., acquired own shares
Based upon the Recommendations to the public companies for public announcements (Ljubljana Stock Exchange, d.d.), we are informing the public, that the company Gorenje, d.d., as on 20 November 2008 acquired 3,169 own shares issued by the company Gorenje, d.d., and following to this the stake of the own shares increased from 0,8079 % to 0.8304 per cent of all voting rights in the company Gorenje, d.d., or in from 113,342 to 116,511 GRVG shares. The company acquired shares by transactions on the organized stock market.
Issuer: Gorenje gospodinjski aparati, d.d. (short name: Gorenje, d.d.), Partizanska 12, SI-3503 Velenje, Slovenia
The issuer Gorenje, d.d., carry out the transaction, on the basis of the 8th paragraph 1st section, Article 247 of the Companies Act -1 and of the resolution passed at the 12th Annual General Meeting of Gorenje, d.d., held on 11 June 2008, which was announcement the same day on the SEO-net and on the web site of the company (Authorization to the Management of the Company for the acquisition and disposal of own shares).
According to this resolution has the Management Board of the company the Authorization for the acquisition of own shares to the aggregate number of 1,403,000 shares of the Company, which represents 10 % of registered capital of the Company and includes own shares the Company already possesses on the day this authorization was. Authorization for the acquisition of own shares remains valid 18 months following the date of issue.
About the eventual new acquisitions will the company Gorenje, d.d., informing the public on the weekly basis.
The Management Board