The 38th Regular Meeting of the Assembly

18. 11. 2010.

The list of the Bank’s shareholders invited to the Assembly Meeting is created the day the shareholders are determined, i.e., on 19, May 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), RAZVOJNA BANKA VOJVODINE a.d. Novi Sad, 2, Stražilovska Street, a banking organisation, submits the following:

REPORT ON AN IMPORTANT EVENT
THE 38th REGULAR MEETING OF THE ASSEMBLY OF
RAZVOJNA BANKA VOJVODINE a.d. NOVI SAD

Pursuant to article 21 and 28 of the Articles of Association of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad, (revised text as of 28, April 2010), pursuant to Decision No. 2-8-2-2010 as of 19, May 2010, the Board of Directors
C O N V E N E S

THE 38th REGULAR MEETING OF THE ASSEMBLY OF RAZVOJNA BANKA VOJVODINE a.d. NOVI SAD
The meeting is to be held on 28, June 2010, commencing at 12 p.m., at the Bank Head Office, Novi Sad, 2, Stražilovska Street, in the Conference Room on the fourth floor.

The proposed

AGENDA

1.Adoption of the minutes from the 37th extraordinary meeting of the Assembly;
2.Adoption of the Statement of Operations of “METALS-BANKA” a.d. Novi Sad for 2009;
3.Adoption of the Annual Financial Report (Financial account) of “METALS-BANKA” a.d. Novi Sad for 2009;
4.Adoption of the Financial Audit Statement of Deloitte do.o. Beograd, the External Auditor, for “METALS-BANKA” a.d. Novi Sad for 2009;
5.Decision on Usage and Placement of Gained Profit of “METALS-BANKA” a.d. Novi Sad according to the Annual Financial Statement for 2009;
6.Adoption of Business Plan of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad between 2010 to 2014;
7.Adoption of Business Plan of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad for 2010;
8.Adoption of Business Policy and Strategy of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad in 2010;
9.Decision on the amount of investing and sale of fixed assets of RAZVOJNA BANKA VOJVODINE;
10.Decision on appointing an external auditor for financial statements of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad for 2010;
11.Information on incomes and proprietary rights of managerial bodies of “METALS-BANKA” a.d. Novi Sad in 2009.
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 19, May 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 RAZVOJNA BANKA VOJVODINE 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