NOVA KREDITNA BANK MARIBOR D.D. - Nova KBM?s Supervisory Board consented to the sale of Zavaroval...

| | POLISH FINANCIAL SUPERVISION AUTHORITY | | | | | | | | | | |
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| | | | | UNI - EN REPORT No | 59 | / | 2012 | | | | |
| | Date of issue: | 2012-12-07 | | | | | | | | | |
| | Short name of the issuer | | | | | | | | | | |
| | NOVA KREDITNA BANK MARIBOR D.D. | | | | | | | | | | |
| | Subject | | | | | | | | | | |
| | Nova KBM?s Supervisory Board consented to the sale of Zavarovalnica Maribor to Pozavarovalnica Sava and Slovenska odškodninska družba (Slovene Compensation Fund) | | | | | | | | | | |
| | Official market - legal basis | | | | | | | | | | |
| | Unofficial market - legal basis | | | | | | | | | | |
| | Contents of the report: | | | | | | | | | | |
| | Based on the regulations of the Ljubljana Stock Exchange and the legislation in force, Nova KBM d.d. makes the following announcement: The Supervisory Board of Nova KBM yesterday consented to the decision of the Management Board to sell a 51 percent shareholding in Zavarovalnica Maribor to Pozavarovalnica Sava and Slovenska odškodninska družba. The agreement is expected to be signed on Tuesday, 11 December, when a press conference will be held and the details regarding the transaction revealed. The supervisors consider that the efforts to enhance the Bank?s capital position are being carried out according to the plan and in a professional manner. By implementing the action plan to improve the Bank?s capital adequacy and by adopting certain other measures, the Management Board intends to boost the performance of the Bank and ensure its development. The Supervisory Board also approved the Bank increasing its shareholding in Merkur. The Supervisory Board considers that the work aimed at improving the Bank?s
capital position is being carried out in accordance with the action plan and the ruling made by the June Shareholders? Meeting. Apart from the sale of Zavarovalnica Maribor, a partial redemption/exchange of hybrid notes issued by the Bank is nearly completed. By the deadline for submitting bids, hybrid notes worth just over ?32 million had been tendered for purchase under the tender option, while almost ?65 million had been tendered for exchange, at a discount, into fixed-term debt securities under the exchange option. The transaction is expected to be settled on or about 14 December, subject to approval of the Bank of Slovenia. At the Shareholders? Meeting on Tuesday, 11 December, the shareholders will decide on a ?50 million increase in the Bank?s share capital and on the authorisation to the Management Board to increase, with consent of the Supervisory Board and without any additional resolution of the Shareholders? Meeting, the share capital of the Bank by ?150 million through the issue of new shares
that may be exchanged for hybrid debt instruments or convertible bonds. Several potential investors have expressed an interest to participate in the Bank?s capital raising and/or to purchase convertible bonds that might be issued by the Bank. The Management Board and the Supervisory Board will continue to work together and take appropriate actions to ensure good results and favourable development of the Bank, and to create greater value-added for its shareholders. This announcement will also be published on the website of the company, www.nkbm.si, as of 7 December, 2012 for a period of no less than 5 years. This announcement in the English language is for information purposes only. | | | | | | | | | | |
| | Annexes | | | | | | | | | | |
| | File | Description | | | | | | | | | |

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

| | | NOVA KREDITNA BANKA MARIBOR D.D. | | | | | |
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| | | (fullname of the issuer) | | | | | |
| | | NOVA KREDITNA BANK MARIBOR D.D. | | Banki (ban) | | | |
| | | (short name of the issuer) | | (sector according to clasification of the WSE in Warsow) | | | |
| | | 2505 | | Maribor | | | |
| | | (post code) | | (city) | | | |
| | | Vita Kraigherja | | 4 | | | |
| | | (street) | | (number) | | | |
| | | +386 2 229 22 90 | | +386 2 229 43 33 | | | |
| | | (phone number) | | | (fax) | | |
| | | (e-mail) | | | (web site) | | |
| | | SI94314527 | | 586058000 | | | |
| | | (NIP)
| | | (REGON) | | |

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY