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

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

<span style="font-size: 12pt"><strong><font face="Verdana" size="2">KBC Securities Skopje AD Skopje is permanently excluded from MSE membership</font> </strong></span>

Share buy-backs of listed companies' shares

Capital markets of SE Europe on first international road show

<span style="font-size: 12pt"><font face="Verdana" size="2">Regular revision of MSE Index of bonds-OMB</font></span>

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

<span style="font-size: 12pt"><font face="Verdana" size="2">Decisions regarding the daily price fluctuations</font></span>

<strong>Share buy-backs and non-trade transfers of listed companies' shares </strong>

Share buy-backs and non-trade transfers of listed companies' shares