Atlantic Grupa d.d. — M&A Activity 2014

Nov 11, 2014

ATLANTIC GRUPA d.d. Miramarska 23 10 000 Zagreb

SECURITY: ATGR-R-A / ISIN:HRATGRRA0003 ATGR-O-169A / ISIN:HRATGRO169A0 QUOTATION: Zagreb Stock Exchange

Zagreb, 11 November 2014

Response to inquiry

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Dear Sirs,

For the purposes of taking advantage of a possibility to delay public announcement of a price sensitive information, pursuant to a provision of Article 461 of the Capital Market Act (the Official Gazette No. 88/08, 146/08, 74/09, 54/13, 159/13), and the provisions of Ordinance on disclosure of inside information which directly concerns the issuer and on determining the legitimate interests of the issuer for the delay in disclosure (the Official Gazette No. 05/09, 85/13), Atlantic Grupa d.d. has on 7 November 2014 requested from the Competent Authority and obtained the opinion on the existence of legitimate interest in temporary delay in disclosing a privileged information on the initiated procedure of takeover of a target company, until the moment of reaching the higher level of certainty in the transaction's realization. In accordance with the above stated, the Issuer has undertaken all measures and steps in order to secure the confidentiality of the described privileged information.

However, due to the occurrence of announcing the subject-matter information in the media, we hereby confirm that the Atlantic Grupa d.d. has started the negotiations process for takeover of the proprietary interest in the company Foodland d.o.o., Omladinskih brigada 86, Beograd, which to date have not been finalized.

Atlantic Grupa d.d.