Hrvatska Poštanska Banka d.d.

M&A Activity • Jul 29, 2016

HRVATSKA POŠTANSKA BANKA d.d.

Management Board Jurišićeva 4, HR-10000 Zagreb Phone: +385 1 4804 400, 4804 409 Fax: +385 1 4810 773

HPB-R-A ISIN: HRHPB0RA0002 Zagreb Stock Exchage – Official Market

Zagreb, 29 July 2016 Docket number: E01-75/16-LAT

Zagreb Stock Exchange

Croatian Financial Services Supervisory Agency (HANFA)

OTS HINA

Subject: HRVATSKA POŠTANSKA BANKA, dioničko društvo - Notice in Accordance with the Article 459 of the Capital Markets Act

In accordance with the article 459 of the Capital Markets Act (Official Gazette No. 88/08, 146/08, 74/09, 54/13, 159/13, 18/15 and 110/15) Hrvatska Poštanska Banka, dioničko društvo ("the Bank" hereafter) informs investment community that on 29 July 2016 it made an an agreement with OT-OPTIMA TELEKOM d.d. for telecommunication, Zagreb, Bani 75/a ("Optima" hereafter) and H1 Telekom d.d. Split ("H1" hereafter) on equity swap of H1 shares owned by the Bank for shares of Optima in corresponding proportions. The mentioned swap is to be made by H1 acquisition to Optima.

The acquisition will take effect after the Croatian Competition Agency approves a concentration following all necessary documentation.

The purpose of the H1 acquisition by Optima is to make positive synergies in both companies which will potentiate the business continuity by emphasising liabilities fulfilment to all customers, workers and creditors.

The Bank will inform the investment community about all further activities in a timely manner.

Hrvatska Poštanska Banka, dioničko društvo

Hrvatska poštanska banka, d.d. ⋅ Jurišićeva 4, 10000 Zagreb, Croatia ⋅ tel.: 072 472 472 ⋅ hpb@hpb.hr ⋅ www.hpb.hr Bank Management Board: Tomislav Vuić, Chairman ⋅ Mladen Mrvelj, Member ⋅ Domagoj Karadjole, Member ⋅ Supervisory Board Chairman: Dražen Kobas IBAN: HR46 2390 0011 0700 0002 9 ⋅ SWIFT: HPBZHR2X ⋅ OIB: 87939104217 ⋅ Registered with Zagreb Commercial Court under number MBS: 080010698 ⋅ Base Capital 1.214.775.000,00 kn, divided into 2.024.625 ordinary shares in nominal amount of 600,00 kn (paid in full)