Alkaloid AD Skopje informs on the following decisions adopted by the Shareholder’s Assembly: - Decision for conditional increase of the number of outstanding shares for 130.132 ordinary shares with a nominal value of 25,56 EUR per share, or total 3.325.943,88 EUR. After the change the number of outstanding shares of Alkaloid AD Skopje will be 1.431.353 ordinary shares. The increase will be done by issuing a new emission of shares for the Workers’ shares fund. - According the above mentioned decision, the Assembly decided on the new issue of 130.132 ordinary shares for the Workers’ shares fund. The current shareholders have given up the right for preference in buying of these shares. The Workers’ shares fund will distribute the shares according to the situation as of 25.04.2005, considering the following criteria: 1. Contribution of the workers in the making of profit and 2. Working years in the company. - Decision for buy-back of not more than 130.000 ordinary shares, for the lowest price of MKD 2.000, and the highest price of MKD 12.000. The buy-back will be executed from 01.05.2005 till 30.04.2006. - Decision for a dividend calendar: o The dividend for 2004 is MKD 70,50 per share; o Last trading day cum-dividend is 05.05.2005; o First trading day ex-dividend is 10.05.2005; o Record date is 11.05.2005; o The dividend will be paid on 16.05.2005. Considering that the Alkaloid’s Assembly reached the decision in the mentioned form, it is implied that 09.05.2005 is also an ex-dividend trading day. - Decision for election of members of the Supervisory board: o Miodrag Micajkov, PhD, president o Ilija Dzonov, PhD, member o Bojanco Kralevski, member Ilija Dzonov is elected as an independent member of the Supervisory board.