Pursuant to the Rules of the Ljubljana Stock Exchange, d.d., Ljubljana and relevant legislation, Pozavarovalnica Sava d.d., Ljubljana, Dunajska 56, 1000 Ljubljana hereby announces the following: 

Pursuant to Articles 106 and 386 of the Market in Financial Instruments Act (ZTFI, Off. Gaz. of the Republic of Slovenia, No. 67/2007) relating to the announcement of regulated information, Pozavarovalnica Sava d.d. hereby announces that on 21 October 2014, the capital increase in the life insurance subsidiary Sava životno osiguranje a.d.o. Belgrade for total share capital of RSD 311.550.405,75 was registered with the Business Register Agency, Belgrade. 

In the recapitalisation of Sava životno osiguranje a.d.o., Belgrade, which is 99,9 percent owned by Pozavarovalnica Sava d.d., 128.300 new shares were issued at a total nominal value of RSD 47.607.151,96. 

This announcement will also be available on the Company's website at www.sava-re.si, at least five years from the date of this announcement.