RESTRUCTURING AND SELLING BULGARTABAC HOLDING AD’s STAKE

• Bulgartabac Holding AD, Sofia is the stockholder of dematerialized shares (SHARES) in the capital of the following trade companies (COMPANIES or COMPANY) for which a decision to be sold was taken.

• On the grounds of the Privatization Strategy of Bulgartabac Holding AD adopted by Decision No.768 of 04.11.2003 of the Council of Ministers, approved by decision of the National Assembly of the Republic of Bulgaria of 10.12.2003. The Managing and Supervisory Boards of the SELLER have taken the decision for selling its SHARES in the capital of each one of the companies on the floor of the Bulgarian Stock Exchange-Sofia AD (the Stock Exchange) or via public tender under the terms and conditions and in a way to be announced in due time.
• The SELLER has entered a Contract for consultancy services in the re-structuring and selling of the stake of Bulgartabac Holding AD with LAW FIRM “SABEV& Partners”, IP “EUROFINANCE” AD and “BALKAN CONSULTING COMPANY” OOD (THE CONSULTANTS).
• With regard to the forthcoming selling procedures, Bulgartabac Holding AD has set up an information portal with address: www.bt-dataroom.com , where a detailed information on the companies to be sold is available to the investors.