Institut IGH d.d. — M&A Activity 2012

Jul 12, 2012

IGH-R-A Regular Share, ISIN HRIGH0RA0006 Offered at the official market of the Zagreb Stock Exchange Notice placed in accordance with Article 459 of the Capital Market Act

Zagreb, 12 July 2012

HANFA ZAGREBAČKA BURZA

Miramarska 24b Ivana Lučića 2a 10000 Zagreb 10000 Zagreb Odjel uvrštenja

Subject: Article published at the Business.hr web pages "the leading official Igor Oppenheim confirms that, at the meeting with Čačić, the participants discussed about the state's entry into Ingra, IGH, Konstruktor and Dalekovod …"

REPLY TO QUERY

INSTITUT IGH d.d. is not negotiating with the Government of the Republic of Croatia about the Government's participation in the ownership structure of the company, nor about any kind of association with companies mentioned in the above-cited article.

INSTITUT IGH, d.d. will advise the public without delay about the content of any information the INSTITUT IGH, d.d. is required to submit to the investor community and general public, in accordance with Article 459 of the Capital Market Act (Official Gazette 88/08, 146/08, 74/09).

INSTITUT IGH, d.d.

Željko Grzunov, B.Econ. Procurator