GORENJE, d.d., Velenje

Non-audited Consolidated Financial Statements of the Gorenje Group for the year 2007

At its 16th Meeting held on 27 February 2007 the Supervisory Board was informed on non-audited Financial Statements regarding the business performance of Gorenje, d.d., and Gorenje Group for the year 2007.

In the opinion of the Management Board of Gorenje, d.d., despite unfavourable economic conditions in the 2007 financial year the Group continued to grow and prosper, and significantly exceeded the planned volume of business operations and achieved the planned objectives as regards business performance as well as its asset- and financial targets.

The companies included into consolidation:
In addition to the mother company - Gorenje, d.d., the Consolidated Financial Statements of the Gorenje Group for 2007 also include the following subsidiary companies:

In Slovenia: Gorenje IPC, 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, d.o.o., Velenje; Energygor, d.o.o., Velenje; Kemis, d.o.o., Radomlje; Gorenje Orodjarna, d.o.o., Velenje; ZEOS, d.o.o.; Istrabenz Gorenje energetski sistemi, d.o.o., Nova Gorica; GEN-I, d.o.o., Krško; Istrabenz investicijski inženiring, d.o.o., Nova Gorica; Surovina, d.d., Maribor; RVT d.o.o., Maribor; INDOP, d.o.o., Velenje; ERICO, d.o.o., Velenje; Istrabenz Gorenje inženiring, d.o.o., Ljubljana.

Abroad: Gorenje Beteiligungsgesellschaft m.b.H., Austria; Gorenje Austria Handelsgesellchaft m.b.H., 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., Great Britain; 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., Slovak Republic; 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 - kuchyne spol. s r.o., Czech Republic; Gorenje Imobilia, d.o.o., Serbia; Gorenje Adria Nekretnine, d.o.o., Croatia; Kemis-Termoclean, 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; Intrade energija, d.o.o., Bosnia and Herzegovina; Vitales, d.o.o., Nova Bila, Bosnia and Herzegovina; Gorenje Istanbul Ltd., Turkey; Sirovina, a.d., Serbia; Gorenje TOV, Kiev, Ukraine; Vitales, d.o.o., Bihač, Bosnia and Herzegovina; GEN-I, d.o.o., Serbia; Vitales, d.o.o., Sokolac, Bosnia and Herzegovina; ST-Bana Nekretnine, d.o.o., Serbia.

The information of this announcement will be available on the official web site of the company Gorenje, d.d., Velenje, Slovenia, gorenje.com, at least 5 years from the date of the announcement.

Date: 27. 2. 2008