PLIVA SHARES TO BE PLACED ON WORLD MARKET IN MARCH

ZAGREB, March 6 (Hina) - Zagrebacka Banka and the Union Bank of Switzerland will place 150,000 shares in PLIVA, Croatia's biggest pharmaceuticals manufacturer, on the international market this month. The aggregate par value of these shares amounts to DM 150 million, which accounts for 30 percent of PLIVA's eqiuity. The placement of PLIVA shares will be the first global offer of securities of a Croatian company. Shares will be placed simultaneously on the domestic and the foreign market. According to Franjo Lukovic of Zagrebacka banka, PLIVA shares would be simultaneously admitted to the stock exchanges in London and Zagreb. 75,000 shares will be placed on the Croatian market. (hina) mm as 061541 MET mar 96