Information on Treasury Shares

We would like to inform you herewith that under the eleventh reverse buying out procedure of Monbat’s own shares, initiated on august 15th 2012, as at February 11th 2013 were bought out 365 576 shares in total at the average price of BGN 4.83 per share.

With a view to the expiring of the initially announced term the Management of Monbat Plc would like to announce the extension with new 180 calendar days of the eleventh reverse buying out procedure to the amount of the rest number of shares, namely 414 424 shares. Within the extended term of the current procedure, depending on the market conditions, the Board of Directors, in its own judgment, may change the minimum and maximum price of the buy back. In this case, the company shall inform the Financial Supervision Commission, Bulgarian Stock Exchange, the investors and the public, as the announcement shall be made after the end of the stock exchange session, not later that the end of the business day, preceding the day when the change in the minimum or maximum price of the reverse buying out takes effect.

In view of the price increase of the company’s shares during the last several days reaching the maximum price for the reverse buying out procedure as well as with a view to continue the implementation of the reverse buying out procedure, Monbat Plc would like to announce a change in the parameters of the reverse buying out – namely in the part related to the maximum price. As from February 12th 2013 the maximum price of the reverse buying out of the rest of the shares liable to reverse buying out under the eleventh procedure, namely 414 424 shares shall be corrected to BGN 6.50.

contact for investors
Daniela Peeva
Investor Relations Director
tel. +359 2 988 2413
e-mail: investorrelations@monbat.com