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<font size="2" face="Verdana">Non-trade transfers of listed companies' share <br /> </font>

<font size="2" face="Verdana">Non-trade transfers of listed companies' share <br /> <br /> </font>

<font size="2" face="Verdana">Non-trade transfers of listed companies' share</font>

<font size="2" face="Verdana">Non-trade transfers of listed companies' share <br /> </font>

<font size="2" face="Verdana">Non-trade transfers of listed companies' share</font>

<span style="widows: 2; text-transform: none; text-indent: 0px; border-collapse: separate; font: medium 'Times New Roman'; white-space: normal; orphans: 2; letter-spacing: normal; color: rgb(0,0,0); word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px"><span style="text-align: left; line-height: 16px; font-size: 12px"><label id="ctl00_ContentPlaceHolder1_repNews_ctl00_lblTitle"><font size="2" face="Verdana">Non-trade transfers of listed companies' share</font></label></span></span>

<p><strong><font size="3"><font face="Times New Roman">Award for best research paper in the area of capital market in Macedonia<o:p></o:p></font></font></strong></p>

<span style="line-height: 115%; font-size: 12pt"><strong>Komercijalna banka AD Skopje &ndash; receiver of the Award &bdquo;Crystal bell&rdquo; </strong></span>

Non-trade transfers of listed companies' share

<font size="2" face="Verdana">Non-trade transfers of listed companies' share <br /> </font>