Adoption of the Management Board’s resolution on the establishment of a subsidiary companies

(Current Report No. 20/2013)

08.05.2013 /The Issuer/

Legal basis:
Art. 56 sec. 1 item 1 of the Act on Offerings – confidential information

CCC SA announces that on 7th May 2013, the Management Board of the Company, continuing the expansion and foreign development adopted the resolution on the establishment of companies:
1/ CCC d.o.o., based in Zagreb, The Republic of Croatia,
2/ CCC OBUTEV, d.o.o., based in Maribor, The Republic of Slovenia.
CCC SA will cover 100% of the shares in the above mentioned Companies, representing 100% of the votes at the shareholders meeting. The value of the Company CCC d.o.o. initial capital will amount to 380,000.00 HRK (in words: three hundred and eighty thousand HRK), initial capital of the Company CCC OBUTEV, d.o.o. will amount to EUR 50,000.00 (in words: fifty thousand euros).
The core business of the established companies will include the distribution of goods supplied by CCC S.A. on the territory of Croatia and Slovenia.
The Issuer will inform in a separate report about the registration of the Companies by relevant authorities.