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

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

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

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

<strong><font face="Verdana"><font size="2"><font size="2"><span style="font-size: 12pt"><font size="2">The </font></span><span style="font-size: 12pt"><font size="2">fifth</font> </span></font><span style="font-size: 12pt"><font size="2">season of the educational project &ldquo;Student Stock Exchange&rdquo;</font>&nbsp;&nbsp;</span></font></font></strong><span style="font-size: 12pt"><br /> <br /> <br /> </span>

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

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

<font size="2" face="Verdana">Investor Relations Seminar, September 24, 2009, Skopje</font>

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