Pursuant to the Rules of the Ljubljana Stock Exchange, d.d., Ljubljana and relevant legislation, Sava Re d.d., Ljubljana hereby announces the following:

Further to our announcement about the purchase of a 49-percent share of the property insurer Kompania e Sigurimeve Dukagjini, sh.a. published on 4 January 2010, Reinsurance Company Sava, d.d. hereby announces that, on 2 February, the newly acquired shares of the Kosovan company were transferred to Reinsurance Company Sava d.d., which thus became sole owner of the company.

This announcement will also be available on the Company’s website at www.sava-re.si, at least five years from the date of the announcement.

The Management Board