GORENJE, d.d., Velenje

Business plan for the year 2006 in accordance with the International Financial Reporting Standards

On its 25th regular meeting held on Dec. 16, 2005 the Supervisory Board of Gorenje, d.d., discussed and approved the 2006 Business Plan of Gorenje, d.d., and Gorenje Group. The Supervisory Board reviewed the business results for the year 2005 and the forecast till the year end, and given the extremely difficult business circumstances assessed them as successful since the all the major categories of the 2005 Plan were accomplished, and the extent of business operations has been approaching the figure of EUR one billion. In view of the anticipated poor state of economy next year, the Business Plan for the year 2006 is conceived very ambitiously.

Please, see the attached file, regarding Gorenje Group Business Plan for the year 2006, in accordance with the International Financial Reporting Standards (IFRS).

This announcement will be also available on the www.gorenje.com web-site.

Date: 19. 12. 2005