Due to an error we are publishing the corrected text regarding the January - September 2009 report: 

In occasion of its regular meeting held on November 30, 2009, the Supervisory Board of Luka Koper d.d. was given the information about the non-audited interim report of Luka Koper, d.d. and of the Luka Koper Group in the period January - September 2009. The Supervisory Board states that the global financial crisis and its impact on the real economy have characterized also the operations and results of the Luka Koper Group. According to the reduced throughput in the first nine months of this year for 20%, also the business revenues have decreased to 87,9 million Euros , and namely for 15% in comparison with the same period last year. Through the reorganisation and the exploitation of available internal reserves the group has managed to reduce the operating costs and for five per cent. The activity of the Group is mostly labour intensive, therefore the labour costs are one of the key ones in the category of operating costs. Labour costs have increased for 10%, that can be attributed to the signing of the Labour Collective Agreement. However, it is necessary to take into consideration also the increase of the amortization costs resulting from the intensive investments and increase of duties resulting from the conclusion of the Concession Contract.

The Supervisory Board was given also the information about the forecast on throughput and operations till the end of the year. Last three months a growth of the throughput in almost all product groups has been registered, and at the end of the year the throughput of 13 million tons will be certainly overfilled what exceeds our expectations. The performance of business will be proportioned to these results. We estimate that till the end of the year we will achieve for 12% less of operating revenues in comparison with the last year and that the operating costs will be 5 per cent lower than last year. Measures concerning the cost cutting are reflecting on the expected operating profit which will, according to the expectations, exceed 11,5 million Euros.

It is not possible to predict the amount of the net profit till the end of the year. This amounted to 4,2 million Euros at the end of first nine months, but the company's management board and the supervisory board agree that it is necessary to revaluate some investments, which means that certain impairments will be probably unavoidable and as such will a negative impact on the final performance. However, when considering the impairments we are talking about the accountancy category, which does not have a direct impact on the company's liquidity and neither on the on the performance of the basic activity, which shows, as proved by the aforesaid results, visible improvements.