In accordance with the Ljubljana Stock Exchange Rules and the applicable legislation, Zavarovalnica Triglav d.d., Ljubljana, hereby publishes the following notice:

As Zavarovalnica Triglav d.d. in December 2013 informed the public, its takeover intention, in line with the adopted Triglav Group Strategy for the 2013–2017 Period, is to strengthen its presence in the pension insurance market. One option is to actively take over the governance of Skupna pokojninska družba d.d. by increasing Zavarovalnica Triglav's shareholding in that company.

In accordance with Article 24 of the Takeover Act (Official Gazette of RS, Nos. 79/06, 67/07 – ZTFI, 1/08, 68/08, 35/11 – ORZPre75, 105/11 – Constitutional Court Decision, 10/12, 38/12, 56/13, 63/13 – ZS-K and 25/14; ZPre-1), Zavarovalnica Triglav d.d., Miklošičeva cesta 19, 1000 Ljubljana (hereinafter: the Offeror), hereby announces its intention to make a takeover bid for all the shares of Skupna pokojninska družba d.d., Ljubljana, Trg republike 3, 1000 Ljubljana, bearing the ticker symbol SPDR and the ISIN code SI0021110711 (hereinafter: shares of the Offeree Company).

Skupna pokojninska družba d.d., Ljubljana is the issuer of 32,355 ordinary no-par value shares issued in book-entry form and registered in the Central Securities Depository, kept by Centralna klirinško depotna družba d.d. (KDD), Ljubljana. The shares of the Offeree Company are not traded on a regulated securities market.

As at the day the takeover intention was announced, the Offeror held 9,752 shares of the Offeree Company, which represented 30.14% of the voting rights in the latter. On 29 October 2014, the Offeror and Gorenjska banka d.d., Kranj, signed an agreement according to which Gorenjska banka d.d. shall accept the public offer of Zavarovalnica Triglav d.d. for the takeover of all the shares of the Offeree Company under set terms and conditions. Gorenjska banka d.d. holds 8,421 shares of the Offeree Company, which represent 26.03% of the voting rights in the latter.

In accordance with Article 24 of the Takeover Act (Zpre-1), Zavarovalnica Triglav d.d. has duly communicated its intention to acquire the company to the Securities Market Agency and the Competition Protection Office as well as the Management Board, employee representatives and employees of Skupna pokojninska družba d.d. and employee representatives and employees of Zavarovalnica Triglav d.d. The Offeror has acquired an authorisation from the Insurance Supervision Agency for the acquisition of the majority shareholding in the Offeree Company.

Pursuant to the applicable legislation, the takeover bid for the acquisition of all the shares of the Offeree Company not held by the Offeror has to be published no later than 30 days following and no sooner than 10 days prior to the announcement of the takeover intention. All takeover activities related to the bid shall be performed by ILIRIKA borzno posredniška hiša d.d. Ljubljana.

This information will be published on the website of Zavarovalnica Triglav at www.triglav.eu as of 30 October 2014 and will remain available on the Company's public website for a period of at least five years.