According to the article 6.03. of the Listing Rules of the Macedonian Stock Exchange and the data from the trading system, we inform you that the following listed companies executed share buy-backs on 31.01.2005: - Alkaloid AD Skopje purchased 1.000 ordinary shares, as follows: - 200 shares for the price of MKD 2.048 per share, through 1 transaction; - 800 shares for the price of MKD 2.049 per share, through 3 transactions. According to the data from the Central Securities Depositary we inform that on 31.01.2005 the following non-trade transfers (based on compensation, gift or heredity) of listed companies' shares were executed: - Granit AD Skopje - 208 ordinary shares.