SDP OFFICIALS ANNOUNCE FORMATION OF NEW PARTY

SARAJEVO, Nov 24 (Hina) - Four senior officials of the Bosnian Social Democratic Party (SDP) have announced the establishment of a new party after Zlatko Lagumdzija was re-elected as party president at Sunday's extraordinary congress. They hold Lagumdzija the most responsible for the party's failure in October 5 elections. #L# The vice-president of the SDP, Sead Avdic, Sejfudin Tokic and Ivo Komcic, as well as secretary-general Miro Lazovic, informed reporters about the establishment of a new party and their resignations in the SDP. The name of the new party will be known at the founding assembly which has been announced within a fortnight. "The formation of this party is not the disintegration of the SDP, but an attempt to consistently implement the idea of social democracy," the members of the initiation committee said at a press conference held during the SDP extraordinary congress. Lagumdzija told reporters he was not interested in the moves of his, obviously, former political sympathisers. His election to the helm of the SDP could jeopardise the post- electoral coalition with the Party for Bosnia which is crucial for the formation of the government at the state level. Its coalition with the Party of Democratic Action or backing into the opposition is now more probable than alliance with the SDP with which it was in power in the past two years. (hina) lml