Decisions of the General Meeting of Shareholders

At the General Meeting of Shareholders of Stara Planina Hold, held on 15.07.2008, the following decisions have been taken:

1. Adopt the company Activity Report for 2007. Adopt the 2007 Annual financial statement verified by independent Certified Chartered Auditor. Adopt the report of the Investor Relations Director.

2. Decision about profits distribution:

- Gross dividend: BGN 257,900; BGN 0.01228 per share.

- Dividends will be paid out as from 10.09.2008 for a period of three months.

- The right on dividend will be entitled to all shareholders registered with the Central Depository AD up to 14 days after the GMS date i.e. by 29.07.2008 (Record Date).

- Bulgarian Stock Exchange – Sofia announced the right on dividend will be entitled to all shareholders registered with the Central Depository AD within 14 days after the GMS date i.e. by 29.07.2008 (Record Date). The final date for transacting shares of this company on the floor of BSE-Sofia, as a result of which the owner will be entitled to obtain dividend, will be 25.07.2008 (i.e. Ex Dividend Date: 28.07.2008).

3. Exemption from liability of the members of the management bodies for their activity in 2007.

4. Adopt the amendment to the Articles of Association of the company.

5. Resolution on the buy-back of own stock to the amount of 3% of the capital stock of the company.

6. GMS re-elects the present certified chartered auditor of the company for 2008.