<div style="margin: 0in 0in 0pt"><font face="Verdana" size="2">Decision of the Securities and Exchange Comission for a successful offering for buying of shares issued by Investbanka AD Skopje</font></div>

<font face="Verdana" size="2">Share buy-backs of listed companies' shares</font>

<strong><font face="Verdana" size="2">Share buy-backs and non-trade transfers of listed companies' share</font> </strong><br />

<span style="font-size: 11pt"><font face="Verdana" size="2">Regular revision of MBID - Index of publicly held companies</font></span>

<font face="Verdana" size="2">Share buy-backs and non-trade transfers of listed companies' share</font>

<strong>Non-trade transfers of listed companies' shares </strong>

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

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

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

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