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 June 20^th afternoon, Gorenje, d.d., signed an agreement to sell its entire stake in the company Istrabenz Gorenje, d.o.o. The buyer of Gorenje's 46.5507-percent share in the said company is Petrol, d.d. The agreement will be effective when the suspensive conditions stipulated in the agreement are met. The deadline for fulfilment of suspensive conditions is July 31^st 2011.

Disposal of interest in the company Istrabenz Gorenje is consistent with Gorenje's divestment plan.

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.