Friday, 27th June 2008, Velenje, Slovenia

Notification of the acquisition or disposal of the own shares

Issuer: Gorenje gospodinjski aparati, d.d. (short name: Gorenje, d.d.), Partizanska 12, SI-3503 Velenje, Slovenia

Announcement of the Supervised Information’s is referring to Article 106 and 125 of Market in Financial Instruments Act (ZTFI).

In accordance with the Shares Sale-Purchase Agreement, regarding the acquisition of a 100 percent ownership stake in the company ATAG Europe B.V, the Netherlands, which was concluded on 10 June 2008 with the company Home Products Europe B.V., has the company Gorenje, d.d., on 26 June 2008 paid the part of the purchase price by own shares. The company Gorenje, d.d., has in accordance with the stated agreement and in accordance with the resolution of the General Shareholder Meeting on 4 July 2005, in favour of the company Home Products Europe B.V., disposed 1,070,000 own shares with the trading code of stock exchange listing GRVG, at the price of EUR 36.83 per share, which represents 6-months average of the uniform price of the Gorenje, d.d., shares on the Ljubljana Stock Exchange, or totally for EUR 39,408,100.

With this disposal, the number and the stake of the own shares has been changed, as follows:

  • before disposal: 1,183,342 shares or 8.4344 %;
  • disposed own shares: 1,070,000 shares or 7.6265 %;
  • after disposal: 113,342 shares or 0.8079 %. 

Gorenje, d.d.,
The Management Board