Friday, 03/10/2014

Pursuant to the Rules of the Ljubljana Stock Exchange, d.d., Ljubljana and the Market in Financial Instruments Act, Pozavarovalnica Sava d.d. ("Sava Reinsurance Company"), Dunajska 56, 1000 Ljubljana, hereby announces the following: 

Rating agency A. M. Best Europe - Rating Services Ltd., London, reaffirmed the financial strength rating of A- (Excellent) and the issuer credit rating of a- (Excellent) of Sava Reinsurance Company, both with a stable outlook. 

The ratings on Sava Reinsurance Company reflect its enhanced competitive position in the Slovenian insurance market and strong risk-adjusted capitalization, and they will strongly support the future orientation and plans of the Company in the field of reinsurance. 

This announcement will also be available on the Company's website at www.sava-re.si, at least five years from the date of the announcement. 

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