GORENJE, d.d., Velenje

14th Supervisory Board Meeting of Gorenje, d.d.

The Supervisory Board of Gorenje, d.d., today at its 14th Meeting discussed and adopted the non-audited financial report of Gorenje d.d. and the Gorenje Group for the first nine months of 2007. In the opinion of the Supervisory Board the business performance was good, in particular in the light of the market conditions.

On today's meeting the Supervisory Board made a decision about the proposal of the Employee Council of Gorenje, d.d., and appointed Mr. Drago Bahun, member of the Management Board, for the employee-elected director within the next term of office from 18 July 2008 till 18 July 2013.

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: 8. 11. 2007