REPORT ON AN IMPORTANT EVENT

31. 03. 2010.

Pursuant to the Article 64 of the Law on Securities Market and Other Financial Instruments (“Official Gazette of the Republic of Serbia No. 47/2006”), with reference to the Article 6 and 7 of the Code of Contents and Reporting of Public Companies and Reporting on Possession of Voting Shares (“Official Gazette of the Republic of Serbia” No. 100/2006, 116/2006 and 37/2009), “METALS-BANKA” a.d. Novi Sad, 2, Stražilovska Street, a banking organisation, submits the following:
REPORT ON AN IMPORTANT EVENT
SUMMONING OF THE 37th EXTRAORDINARY MEETING OF THE ASSEMBLY OF “METALS-BANKA” a.d. NOVI SAD

Pursuant to article 21 and 28 of the Articles of Association of “METALS-BANKA” a.d. Novi Sad, following the Decisions No. 2-5-7/2010 as of 31, March 2010, the Board of Directors of “METALS-BANKA” a.d. Novi Sad

CONVENES
THE 37th EXTRAORDINARY MEETING OF THE ASSEMBLY OF “METALS-BANKA” a.d. NOVI SAD

The meeting is held on 28, April 2010, commencing at 12 p.m., at the Bank Head Office, Novi Sad, 2, Stražilovska Street, Conference Room on the fourth floor.
The proposed

AGENDA

1. Adoption of the minutes from the 36th extraordinary meeting of the Assembly;
2. The decision on changes and amendments of the Memorandum of Association of “METALS-BANKA” akcionarsko društvo Novi Sad;
3. The decision on determining the revised text of Memorandum of Association of DEVELOPMENT BANK OF VOJVODINA joint stock company Novi Sad;
4. The decision on the 3rd changes of the Articles of Association of “METALS-BANKA” akcionarsko društvo Novi Sad;
5. The decision on determining the revised text of the Articles of Association of DEVELOPMENT BANK OF VOJVODINA joint stock company Novi Sad.
Terms of participation: every shareholder who possesses at least 0.2% of shares is entitled to vote. The rest of the shareholders can unite in order to gain a right to vote.

The list of the Bank’s shareholders invited to the Assembly Meeting is created the day the shareholders are determined, i.e., on 6, April 2010, pursuant to the Statement of Central Register of Securities. The list will be available at the Bank Secretariat at the Head Office of “METALS-BANKA” a.d. in Novi Sad, 2, Stražilovska Street, every workday between 9 a.m. and 3 p.m.

Gaining a right to vote: either by addressing in writing and/or directly (natural persons in person, legal entities via their representatives) or via proxies. Giving representative statements is excluded.

The Bank’s Articles of Association, bylaws as well as the Assembly material can be inspected at the Bank Secretariat at the Head Office, 2, Stražilovska Street, every workday from 9 a.m. to 3 p.m.

For further information in connection with the time and participation at the Bank Assembly, call the Bank Secretariat at 021 / 488-4544 and 488-4560 or address the Head Office of “METALS-BANKA” a.d. Novi Sad in person, at 2, Stražilovska Street, every workday from 9 a.m. to 3 p.m.

PRESIDENT OF
THE EXECUTIVE BOARD
Srđan Petrović, PhD, sgd


PRESIDENT OF
THE BOARD OF DIRECTORS
Ljiljana Sredojev, sgd