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INI-935/13

LUKA KOPER, d.d., Koper

Supervisory Board Meeting

At its regular meeting held on 27th September 2013, the Luka Koper d.d. Supervisory Board was presented a report on savings in the implementation of the company’s investments. The investments subject to this report were originally included in the company’s infrastructure and maintenance plan for 2013. According to the report, a number of these investments have been discontinued due to the fact that the company's Management Board considers them non urgent. This report also encompasses other investments for which a lower contractual price has been negotiated, together with the payment of compensation as a consequence of the reallocation of agricultural land.

Actual decisions as to whether or not to proceed with a number of maintenance projects will be adopted following the acquisition of expert opinions. The total value of saved funds amounts to € 2.6 million. At its meeting, the Supervisory Board also endorsed the 8.5 million euro investment in the construction of a storage area behind Berth 7 C, expenditure which forms part of a broader project to increase Container Terminal capacity through the further extension of the southern section of Pier I.

The Management Board
Date: 30.09.2013