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

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

Time schedule for the public offering that will start on 11.02.2011

<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</font>

<font size="2" face="Verdana">Bulletin for January 2011</font>

<div><strong><span style="background: white; font-size: 9pt"><font size="2">Belgrade, Ljubljana, Skopje and Zagreb renewed cooperation</font></span></strong></div>

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<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</font>