Report from the 3rd regular meeting of the Supervisory Board of Abanka

8.12.2009

The Supervisory Board adopted the report on Abanka's financial operations for the first ten months of 2009.

The Supervisory Board also adopted Abanka's financial plan and business policy for 2010, and its medium-term strategy for the period from 2011 to 2015. According to the financial plan for 2010, total assets are expected to stand at EUR 4,418 million at the end of next year, approximately the same level of estimated total assets at the end of 2009, while growth in loans is expected to exceed 10%. Estimated total assets will be 14% higher than planned, and reach EUR 4,410 million at the end of 2009. Net profit of EUR 29 million is planned for the 2010 financial year, representing an increase of EUR 6 million on estimated net profit for 2009 of EUR 23 million.

The Supervisory Board approved Abanka Vipa d.d.'s investment and trading strategies for 2010, including the organisation of an internal controls system and an annual auditing programme in the trading sector. It also adopted the internal audit report for the period from July to September 2009 and the Internal Audit Department's annual work plan for 2010.

The Supervisory Board was also briefed on the findings of the internal capital adequacy assessment process, and issued the relevant approvals pursuant to Articles 67 and 167 of the Banking Act.

This announcement will also be available on Ljubljanska borza, d.d.'s website as of 8 December 2009 for the period of at least 5 years.

This information in the English language is for information purpose only.