ZAGREB STOCK EXCHANGE CLOSES TUESDAY AT RECORD 11.98 MILLION KUNA

ZAGREB, Jan 22 (Hina) - The Zagreb Stock Exchange closed on Tuesday with a record turnover of 11.98 million kuna (approx. EUR1.590 million), while the value of the Crobex index rose by 1.20% to 1,187.4 points. October 10, 1997 was the last time the value of the Crobex index was at this level. shares price/kn %change turnover QUOTATION I -------------------------------------------------------------- 1. Pliva 480.00 3.23 4,054,646.80 2. Zagrebacka banka 1,970.00 0.00 1,008,557.20 3. Podravka 173.00 1.62 897,713.45 4. Viktor Lenac 105.00 5.00 14,700.00 -------------------------------------------------------------- TN QUOTATION -------------------------------------------------------------- 1. Kras 181.00 -1.89 606,552.00 2. Rivijera holding 142.00 0.00 495,167.83 3. PBZ 215.00 0.00 177,670.66 4. Croatia osiguranje 3,250.00 -2.98 173,250.00 5. Varazdinska banka 200.00 17.65 83,524.00 6. Adriatic Oil 2,550.00 0.00 81,600.10 Pipeline 7. Istraturist 83.99 -0.60 62,885.44 8. Hoteli Rabac 90.00 3.44 57,810.00 9. Plava laguna 629.00 -0.16 28,888.96 10.Suncani Hvar 56.01 -5.07 27,529.86 11.Varteks 45.00 -6.25 16,650.00 12.Badel 40.00 -1.23 2,680.00 13.Zagrebacka banka 1,225.00 0.82 1,225.00 (preferred shares Series B) -------------------------------------------------------------- PIF -------------------------------------------------------------- 1. SNF 59.00 -20.27 76,055.00 2. Expandia 48.00 -18.37 55,872.00 3. Dom 64.00 -1.69 49,450.35 -------------------------------------------------------------- ENTITLEMENTS -------------------------------------------------------------- 1. RHMF-O-049A 101.50* - 3,830,970.21 2. DAB-O-05CA 107.30* - 178,600.11 * nominal percentage -------------------------------------------------------------- Total turnover 11,981,998.97 PIF - privatisation/investment funds TN quotation - includes the shares of some 50 companies which are actively traded, however, these companies are not bound to publish their financial reports Quotation I - includes the shares of four companies which are obliged to publish their financial reports. 1 EUR = 7.53 kuna (hina) rml