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 25.11.2004: - Alkaloid AD Skopje purchased 23 ordinary shares, for the price of MKD 1.830 per share, through 2 transactions. According to the data from the Central Securities Depositary we inform that on 25.11.2004 the following non-trade transfers (based on compensation, gift or heredity) of listed companies' shares were executed: - Granit AD Skopje - 199 ordinary shares; - RZ Inter-Transsped AD Skopje - 23 ordinary shares; - Makstil AD Skopje - 505 ordinary shares; - Alkaloid AD Skopje - 79 ordinary shares; - RZ Ekonomika AD Skopje - 22 ordinary shares; - RZ Institut AD Skopje - 6 ordinary shares; - RZ Tehnicka kontrola AD Skopje - 9 ordinary shares; - RZ Uslugi AD Skopje - 186 ordinary shares.