GORENJE, d.d., Velenje

Unconsolidated and consolidated semi-annual report for the year 2007

Gorenje performed well and on target in the first half of 2007; very strong growth of sales, but at the same time extremely high growth of raw materials. About the business performance discussed also the Supervisory Board at the 12th Supervisory Board Meeting, held on 23 August 2007.

The Supervisory Board of Gorenje, d.d., today at its 12th Meeting discussed and adopted the Non-audited Half-Yearly Report of Gorenje d.d. and the Gorenje Group. In the opinion of the Supervisory Board the business performance was good, in particular in the light of the market conditions.

The consolidated financial statements of the Gorenje Group include the parent company Gorenje, d.d., and the following subsidiaries:

Companies operating in Slovenia: Gorenje I.P.C., d.o.o., Velenje; Gorenje Tiki d.o.o., Ljubljana; Gorenje GTI, d.o.o., Velenje; Gorenje Notranja oprema, d.o.o., Velenje; Gorenje Gostinstvo, d.o.o., Velenje; LINEA SP, d.o.o., Velenje; Energygor, d.o.o., Velenje; Opte Ptuj, d.o.o., Ptuj; Kemis, d.o.o., Radomlje; Gorenje Orodjarna, d.o.o., Velenje; ZEOS, d.o.o., Ljubljana; Istrabenz Gorenje energetski sistemi, d.o.o., Nova Gorica; GEN-I, d.o.o., Krško; BIOTOPLOTA, d.o.o, Nova Gorica; Surovina, d.d., Maribor; RVT, d.o.o., Maribor; INDOP, d.o.o., Velenje.

Companies operating outside Slovenia: Gorenje Beteiligungs GmbH, Austria; Gorenje Austria Handels GmbH, Austria; Gorenje Vertriebsgesellschaft m.b.H., Germany; Gorenje Körting Italia S.r.l., Italy; Gorenje France S.A.S., France; Gorenje BELUX S.a.r.l., Belgium; Gorenje Espana, S.L., Spain, Gorenje UK Ltd., UK; Gorenje Skandinavien A/S, Denmark; Gorenje AB, Sweden; Gorenje OY, Finland; Gorenje AS, Norway; OÜ Gorenje, Estonia; SIA Gorenje, Latvia; Gorenje spol. s r.o., Czech Republic; Gorenje real spol. s r.o., Czech Republic; Gorenje Slovakia s r.o., Republic of Slovakia; Gorenje Budapest Kft., Hungary; Gorenje Polska Sp. z o.o., Poland; Gorenje Bulgaria EOOD, Bulgaria; Gorenje Zagreb d.o.o., Croatia; Gorenje Skopje d.o.o., Macedonia; Gorenje Commerce d.o.o., Bosnia and Herzegovina; Gorenje d.o.o., Serbia; Gorenje Podgorica d.o.o., Montenegro; Gorenje Romania S.R.L., Romania; Gorenje aparati za domaćinstvo d.o.o., Serbia; Mora Moravia s.r.o, Czech Republic; Gorenje Küchen GmbH, Austria; Gorenje - kuchyne spol. s r.o., Czech Republic; Gorenje Imobilia, d.o.o., Serbia; Gorenje Adria Nekretnine d.o.o., Croatia; Kemis d.o.o., Croatia; Kemis BiH d.o.o., Bosnia and Herzegovina; Kemis Valjevo d.o.o., Serbia; Gorenje Invest, d.o.o., Serbia; Gorenje Gulf FZE, United Arab Emirates; Gorenje Tiki, d.o.o., Serbia; GEN-I, d.o.o., Croatia; Austrian Power Vertriebs, GmbH, Austria; Intrade energija, d.o.o., Bosnia and Herzegovina; Vitales, d.o.o., Bosnia and Herzegovina; Gorenje Istanbul Ltd., Turkey; Sirovina, a.d., Serbia; Termoclean-Zg, d.o.o., Croatia; Gorenje TOV, Kiev, Ukraine.

The complete Half-Yearly Report and the Summary can be viewed at the company headquarters of Gorenje d.d., Partizanska 12, Si-3503 Velenje.

Any important changes to data in the company's prospectus shall be promptly released in public announcements on SEOnet of the Ljubljana Stock Exchange. As from the date of this release, this notice will also be published on the company's gorenje.com website.

Date: 23. 8. 2007