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NI-19/10

GORENJE, d.d., Velenje

The beginning of the formal procedure of the registered share capital increase

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

The Supervisory Board has yesterday, on the 15th of July 2010 at the 44th Board Meeting, discussed and adopted the Management Board proposal of the company’s share equity increase in accordance with the shareholders’ resolution, passed at the Annual General Meeting on the 28th of May 2010. With this, the formal procedure of increase of the registered share capital maximum to EUR 7,832,064.76 by issuing maximum 1,876,876 ordinary transferable registered shares with no par value, has started and the shares will be classified in the same class as the existing regular shares of this issuing entity. To the share equity increase from the pre-emption rights all the shareholders’ will be invited to inscribe, who will be on the day of the announcement of the Prospectus, registered in shareholders’ ledger of the company Gorenje, d.d. It is foreseeing, that the Management and the Supervisory Board will the excess shares, which the existent shareholders’ will not inscribe, offer to the third persons.

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.

Gorenje, d.d.,
The Management Board
Date: 16.07.2010