In Round I, which lasted for 45 days, from 26 May 2014 to 9 July 2014, the total of 2.532.491 new shares was subscribed and paid. In Round II, which lasted for 8 days, from 14 July 2014 to 21 July 2014, the total of 4.319.886 new shares was subscribed and paid, whereby the expressed interest exceeded the number of available shares.

As 3,467,509 shares remained for the subscription in Round II, allocation to each individual Investor was done as described in Public Notice for Round II (published on web pages of the Zagreb Stock Exchange and Dalekovod d.d. 11 July 2014) and eventually the total of 3,467,381 new shares was allocated to Investors in Round II.

The total of 5,999,872 new shares was subscribed and paid pursuant to public offering.

All remaining surpluses of the amounts paid, as well as the amounts the subscription of which might
have been cancelled within the foreseen period, shall be refunded to Investors no later than by 28 July 2014.

“We are exceptionally satisfied with these results. After having faced all the challenges, Administrative settlements ended successfully, our shareholders remained loyal to the company by having believed in the company’s potential and value during the most difficult times. These results are the confirmation of trust and additional motivation for the company’s development on the path of recovery. We would like to once again thank everyone for the expressed interest.”

Dalekovod d.d.