The 40th Extraordinary Meeting of the Assembly

08. 06. 2011.

Pursuant to article 64 of the Law on Securities Market and other Financial Instruments (“The Official Gazette of the Republic of Serbia” No. 47/2006), and in accordance with article 6 and 7 of the Rulebook of Contents and Reporting to Public Companies and Notifying them about Voting Shares (“The Official Gazette of the Republic of Serbia” No. 100/2006, 100/2006, 116/2006 and 37/2009), RAZVOJNA BANKA VOJVODINE a.d. Novi Sad, Stražilovska 2, business type: other cash mediation, announces the following:

REPORT ON AN IMPORTANT EVENT
THE 40th EXTRAORDINARY 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 (The Revised text as of 28, April 2010), the Board of Directors of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad convenes the following assembly, by Decision No. 2-19-2/2011 as of 19, May 2011

THE 40th EXTRAORDINARY MEETING OF THE ASSEMBLY
OF RAZVOJNA BANKA VOJVODINE a.d. NOVI SAD

The meeting is going to take place on 24, June 2011 at 12 o’clock, at the registered office of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad, 2, Stražilovska Street, Conference Room, 4th floor

The proposed

AGENDA

1 Adoption of the Minutes from the 39th regular meeting of the Assembly;
2 Decision on Adopting the 4th Amendments of the Articles of Association of RAZVOJNA BANKA VOJVODNE a.d. Novi Sad;
3 Decision on Determining the Revised Text of the Articles of Association of RAZVOJNA BANKA VOJVODINE akcionarsko društvo Novi Sad;
4 Adoption of the Statement of Operations of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad for the period between 01/01/2010 and 31/12/2010;
5 Adoption of the Annual Financial Report (Financial account) of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad for 2010;
6 Adoption of Report of the External Auditor KPMG d.o.o. Beograd on Financial Reports of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad for 2010;
7 Decision on usage and placement of the realised gain of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad according to the Financial Report for 2010;
8 Adoption of Business Plan of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad between 2010 to 2015;
9 Adoption of Business Plan of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad for 2011;
10 Adoption of Business Plan and Strategy of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad in 2011;
11 Decision on the amount of investment in fixed assets and investment properties of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad in 2011;
12 Decision on the amount of intangible assets of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad in 2011;
13 Adoption of Report of the External Auditor for Financial Reports of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad for 2011;
14 Information on incomes and proprietary rights of managerial bodies of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad in 2009

Terms of participation: every shareholder that 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 Meeting is created the day the shareholders are determined, i.e., on 19, May 2011, pursuant to the Statement of the Central Securities Register. The list will be available at the Bank Secretariat at the Head Office of RAZVOJNA BANKA VOJVODINE 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 registered 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 registered 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
Biljana Jovanović, sgd

PRESIDENT OF
THE BOARD OF DIRECTORS
Ljiljana Sredojev, sgd