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INI-73/20

TELEKOM SLOVENIJE, d.d., Ljubljana

The Beginning of the Long-Term Borrowing Process

Pursuant to the provisions of the Rules of the Ljubljana Stock Exchange and the valid legislation, Telekom Slovenije, d.d., Cigaletova 15, Ljubljana, hereby publishes the following notification:

Telekom Slovenije, d.d., has in accordance with the Regulation on the procedure of financing legal persons from Article 87 of the Public Finance Act submitted for approval to the Ministry of Finance of the Republic of Slovenia an application for long-term financing of the company in the amount of EUR 100 million.

The company plans to obtain the funds from the European Investment Bank, the interest was already revelled to the European Investment Bank by submitting a non-binding offer. The obtained funds will allow Telekom Slovenije, d.d., to finance the expansion and upgrade of its fibre optics access network in Slovenia, which will become the infrastructure foundation for its future telecommunication activities.

Telekom Slovenije, d.d. is also replacing its copper network with the fibre optics access network, so that it will bring users higher internet access speeds and a state-of-the-art broadband content user experience.

This notification will be available on the website of Telekom Slovenije, d. d. (www.telekom.si) for at least 5 years from the date of publication.

The Management Board of Telekom Slovenije, d. d.
Datum: 13.02.2020