Stara Planina Hold starts the second procedure for buyback of own shares

In pursuance of Art. 187b of the Commerce Act and of Art. 111(5) & (6) of the POSA and in compliance with a decision taken by the General Meeting of the company on 15.07.2008, the Board of Directors announces herewith the start of a procedure for buyback of own shares under the following parameters:
1. Number of shares to be bought back: Up to 0.5% of the company’s capital i.e. up to 105,000 shares
2. The redemption will start on 26.11.2008.
3. Minimal buy back price: BGN 1.55
4. Maximal buy back price: BGN 2.10
5. Redemption period, including payment of the shares bought back: Up to and 30.01.2009
6. If the maximum of 105,000 shares is bought back ahead of schedule, the procedure will be terminated and considered a success, otherwise the Board of Directors may decide to extent the redemption period at its own discretion.
7. Licensed investment intermediary, who will perform the buy-back procedure: CB International Asset Bank.
The first procedure was successfully concluded on 28.10.2008.