21 April 2004

Marko Pavliha resigns from Sava Re supervisory board

Professor Pavliha, who was appointed Minister of Transport on 20 April 2004, tendered his irrevocable resignation as Supervisory Board member of Sava Re.

Marko Pavliha has served on the Supervisory Board of Sava Re since 23 July 2003, first in the role of employee representative and from 9 July as shareholder representative.

His ties with the Company go back to 1994 when he joined the Company as deputy member of the Board of Management. Later he became consultant to the Board of Management. Between 1994 and 1998 Marko Pavliha was General Manager of the Nuclear Pool GIZ, which Sava Re is also a member of.

The knowledge and expertise Marko Pavliha brought to the Company has been a very valuable contribution to Sava Re.