BRATISLAVA, September 26th, 2008

The group Slavia Capital sold a 9.9 percent stake in Macedonian company Investbanka Skopje to the Austrian bank Steiermaerkische Bank und Sparkassen. The group Slavia Capital acquired a stake in Investbanka in March 2007 via its subsidiary Slavia Capital Praha, said Slavia Capital spokesman Peter Bencurik. The value of the acquired shares was EUR 3.8 million (SKK 114.5 million). According to him, this operation was a considerably successful transaction in the period when the global banking sector, mainly in the U.S. has been facing major problems. The group further informed that this year it also finished administration of a package of classified loans of companies that it acquired from the Serbian Rehabilitation Agency. Slavia Capital’s subsidiary Investfinance Slovakia realized the group’s investment in this project. The transaction represented EUR 4.2 million (SKK 1233.5 million). It was the first sale of a package of company claims and loans that the Serbian rehabilitation agency announced in 2005.