FIMA Daily Insight

IN FOCUS - STOCK EXCHANGE September 17, 2013 Croatian equities closed lower today with both indices decreasing;

CROBEX decreased 0.37% to 1,819.02 pts and blue chip CROBEX 10 declined 0.29% to 1,028.73 pts. Trading was in low gear with regular stock turnover totaling to HRK 10.2 million.

Integrated telecom operator HT (HTRA CZ) topped the liquidity board once again collecting HRK 1.5 million in turnover and decreasing 0.77% to HRK 177.1.

Frozen foods producer Ledo (LEDORA CZ) followed collecting HRK 0.9 million in turnover while price accelerated to HRK 7,900.0.

Diversified producer & distributor Atlantic Group (ATGRRA CZ) came to

-30,0% -25,0% -20,0% -15,0% -10,0% -5,0% 0,0% 5,0% focus collecting HRK 0.7 million in turnover while price slipped to HRK

PTKM-R-A 680. VPIK-R-A

KORF-R-A

LEDO-R-A The Commercial Court in Zagreb has delivered its Resolution to deny the INA-R-A application of heavy constructor (DLKVRA CZ) for an KOEI-R-A LKPC-R-A Administrative settlement of 26 April 2013, as adjusted on 19 July 2013. ZABA-R-A -R-A After that Dalekovod nose dived 26.47% and finished at HRK 25. KRAS-R-A TISK-R-A ERNT-R-A

PODR-R-A

ATPL-R-A

ADPL-R-A

ATGR-R-A

HT-R-A

BLJE-R-A DDJH-R-A

VDKT-R-A

LKRI-R-A

DIOK-R-A

ADRS-P-A

INGR-R-A

DLKV-R-A

* data is calculated using last traded price Source: www.zse.hr

CROBEX 3 MONTH MOVEMENT

2.100 80

2.000 70

60 1.900 50

1.800

pts 40

30 1.700 HRK Millions

20 1.600 10

1.500 0 Turnover CROBEX

source: www.zse.hr

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FIMA Daily Insight

IN FOCUS - ZAGREB STOCK EXCHANGE

Hungarian prosecutor rejects 's request to question MOL CEO The Hungarian state prosecutor has said no to Croatia's request for legal aid in investigating Zsolt Hernadi, CEO of the Hungarian oil company MOL, Nepszabadsag daily reported on Monday. The paper said the state prosecution once again turned down the request by Croatia's anti-corruption office USKOK to interrogate Hernadi as a suspect in the alleged bribing of former Croatian Prime Minister Ivo Sanader, as a result of which MOL gained management rights in Croatia's INA. The Hungarian state prosecutor's spokesman, Geza Fazekas, told MTI news agency on Monday that a reply was forwarded to the Hungarian Justice Ministry and that it would be forwarded to Croatia, but did not say what it said. Nepszabadsag said that USKOK last week summoned Hernadi to be questioned in Zagreb on September 25. On July 10, USKOK said on its website that it was resuming its investigation of Hernadi on suspicion of bribery, which was suspended last December because he was out of reach to Croatian judicial bodies. The Hungarians had already turned down several Croatian requests to question him. USKOK said in July that Croatia's accession to the European Union on July 1 provided the conditions for Hernadi to attend a court hearing in this case. On July 11, MOL reiterated via MTI that the accusations against Hernadi were unfounded, as confirmed by international legal experts, and that the company would continue to cooperate with all authorities in this case. Last November, Sanader was sentenced to 10 years' imprisonment pending appeal for allegedly taking a EUR 5 million bribe from MOL. (Source: daily.tportal.hr)

Croatia sells euro T-bills, kuna T-bills above target

Croatia sold three-month and one-year Treasury bills worth a combined 22.6 million euro ($30.2 million), above its target offer of 15 million euro, the

finance ministry said on Tuesday. (Source: www.limun.hr original text was published on www.seenews.com)

8,0

7,0 Croatia's Aug consumer prices rise 1.9% y/y - table

6,0 Croatia's consumer prices rose 1.9% year-on-year in August after advancing

5,0 by an annual 2.3% in July, the statistics bureau said on Monday. (Source: www.limun.hr original text was published on www.seenews.com) 4,0

HRK-EUR HRK-USD Source: www.hnb.hr

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FIMA Daily Insight

IN FOCUS - ZAGREB STOCK EXCHANGE

CROATIAN EQUITIES (FUNDAMENTAL MULTIPLES)

“ - “ s t a n d s for negative value of multiple

* multiples for Adris Group calculated on diluted basis

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FIMA Daily Insight

IN FOCUS - ZAGREB STOCK EXCHANGE

CONTACTS FOR INSTITUTIONAL IN VESTORS:

IRENA FIŠTREK [email protected] +38542 66 09 64

KREŠIMIR ČULO [email protected] +385 1 63 98 357

TRADING DEPARTMENT: [email protected] Phone : +385 42 66 09 60

RESEARCH DEPARTMENT:

NIKOLA BAKŠAJ [email protected] +385 42 66 09 74

STIVEN TOŠ [email protected] +385 42 66 09 75

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FIMA Daily Insight

IN FOCUS - ZAGREB STOCK EXCHANGE

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