The Republic of Slovenia (the “Selling Shareholder”), acting through its sovereign holding company Slovenski državni holding, d.d. (“SDH”) and NLB, together with its consolidated subsidiaries, associates and joint ventures at the time of Admission (as defined below) (the “NLB Group” or the “Group”), are today announcing (i) the offer size and price range for the planned offering by the Republic of Slovenia of NLB's ordinary shares (the “Shares”) and global depositary receipts (the “GDRs”) representing the Shares (the “Offering”) and that (ii) the related prospectus (the “Prospectus”) has been approved by the Securities Market Agency, Slovenia (the “SMA” or “Agencija za trg vrednostnih papirjev”), and has now been published on the Company's website at www.nlb.si/public-offering-of-shares. The Company intends to apply to (1) the Ljubljana Stock Exchange (the “LJSE”) for admission of the Shares to trading on the Prime Market sub-segment of the LJSE (or the Standard Market sub-segment if admission to the Prime Market sub-segment is not possible); and (2) (i) the United Kingdom Financial Conduct Authority for GDRs representing Shares to be admitted to listing on the Official List and (ii) the London Stock Exchange plc (the “LSE”) for admission to trading of the GDRs on the LSE's Main Market for listed securities (together, “Admission”).

The Offering consists of a secondary offering of Shares (“Offer Shares”) and GDRs (“Offer GDRs”, together with the Offer Shares, the “Offer Securities”). Subject to market conditions, the Selling Shareholder will sell at least 50% of the Company’s existing shares plus one Share and up to 75% of the Company’s existing shares less one Share.