GORENJE, d.d., Velenje

Non-audited consolidated Financial Statements of the Gorenje Group for the year 2005

At its 27th Meeting held on Feb. 24, 2006 the Supervisory Board was informed on non-audited Financial Statements regarding the business performance of Gorenje, d.d., and Gorenje Group for the year 2005.

In the opinion of the Management Board of Gorenje, d.d., despite unfavourable economic conditions in the 2005 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 2005 also include the following subsidiary companies:

Companies, operating in Slovenia:
Gorenje IPC, d.o.o., Velenje; Biterm, d.o.o., Bistrica ob Sotli; Gorenje Notranja oprema, d.o.o., Velenje; Gorenje Orodjarna, d.o.o., Velenje; Gorenje Indop, d.o.o., Velenje; Gorenje Tiki d.o.o., Ljubljana; Gorenje GTI, d.o.o., Velenje; Gorenje Gostinstvo, d.o.o., Velenje; LINEA, d.o.o., Velenje; Energygor, d.o.o., Velenje; Opte Ptuj, d.o.o., Ptuj; Kemis, d.o.o., Radomlje; Istrabenz - Gorenje, d.o.o., Ljubljana (JV); IG Prodaja d.o.o., Nova Gorica (JV).

Companies, operating outside Slovenia:
Gorenje Beteiligungsgesellschaft m.b.H., Austria; Gorenje Austria Handelsgesellschaft 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 UK Ltd., Great Britain; Gorenje Skandinavien A/S, Denmark; Gorenje AB, Sweden; Gorenje Spol. s r.o., Czech Republic ; Gorenje Real Spol. s r.o., Czech Republic; Gorenje Slovakia Spol. s r.o., 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 and Montenegro; Gorenje Podgorica , d.o.o., Serbia and Montenegro; Gorenje OY, Finland; Gorenje AS, Norway; Gorenje Romania S.R.L., Romania; Gorenje aparati za domačinstvo, d.o.o., Serbia and Montenegro; Mora Moravia a.s., Czech Republic; Mora Slovakia s r.o., Slovakia; Gorenje Küchen GmbH, Austria; Gorenje Kuchyne Spol. s r.o., Czech Republic; Gorenje Imobilia, d.o.o., Serbia and Montenegro; Gorenje Adria nekretnine, d.o.o., Croatia; Kemis, d.o.o., Croatia; Kemis BiH, d.o.o., Bosnia and Herzegovina; Nacionalni brendovi, d.o.o., Serbia and Montenegro.

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

Date: 24. 2. 2006