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

On 12 July 2010, Gorenje, d.d., purchased from Probanka, d.d., a 21.44% stake in the company Gorenje Surovina, d.o.o., Maribor, that effectively translates into 72.44% of total stake in Gorenje Surovina. With this purchase Gorenje is continuing the strategy of strengthening its role in the area of environmental protection, which is in accordance to the implementation of the directive on the recycling of electronic and electrical waste (WEEE Directive).

Gorenje, d.d., by the consideration of the fact, that Gorenje Surovina, d.o.o., holds 27.29% of the own stake, thus holds  99.73% stake of the Gorenje Surovina, d.o.o.

The Environmental Protection and Energy business area has been identified in Gorenje Strategic Plan as business activity with notable growth potential. The goal is to provide the market with comprehensive solutions when it comes to the management of waste, in particular to industrial users in Slovenia and in the markets of SE Europe.

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.