Based on the regulations of the Ljubljana Stock Exchange and the legislation in force, the company Gorenje, d.d., is publishing the following announcement:

Yesterday, 20 May 2010, the Management Board of Gorenje, d.d., received a notice from IFC that its Board of Directors has approved IFC's equity investment in Gorenje in the first round of capital increase for an amount of up to EUR 25 million, a loan of up to EUR 50 million from IFC’s own account and mobilizing up to EUR 100 million under IFC’s Loan umbrella for the account of participating banks.

Disclaimer: All announcements in English language are only for information purposes!

The information of this announcement will be available on the official web site of the company Gorenje, d.d., Velenje, Slovenia, www.gorenje.com, at least 5 years from the date of the announcement.