Pursuant to the Rules of the Ljubljana Stock Exchange, d.d., Ljubljana and relevant legislation, Pozavarovalnica Sava, d.d., Ljubljana ("Sava Reinsurance Company") hereby announces the following:
Pursuant to the Companies Act, Sava Reinsurance Company is required to remedy its position in treasury shares that it is holding indirectly through its subsidiary Zavarovalnica Maribor, either by withdrawal of such shares, selling of shares or by obtaining authorisation from its general meeting to establish a fund for treasury shares. Based on the above, the Company will propose to its general meeting to be held on 23 April 2014 that a fund for treasury shares be established.
Accordingly, today Sava Reinsurance Company purchased 346.433 lots of POSR shares from Zavarovalnica Maribor. The transaction was executed at today's closing rate of the Ljubljana Stock Exchange, i.e. at the price of € 11,245 per share.
After this transaction, Zavarovalnica Maribor no longer held any POSR shares in its portfolio.
This announcement will be available on the Company's website at www.sava-re.si, at least five years from the date of the announcement.
Pozavarovalnica Sava dd (or Sava Reinsurance Plc), also known as Sava Re dd, is a Slovenia-based reinsurance undertaking. It operates as a parent company of Sava Re Group, which comprises direct insurance and pension undertakings. The Companyâs activities are divided into four segments: Reinsurance operations, Non-life insurance operations, Life insurance operations and Other business segment. The Reinsurance operations segment comprises treaty and facultative arrangements for intra-group clients and insurance and reinsurance partners worldwide. The Non-life insurance operations segment supports local markets with non-life insurance products and customer oriented services. The Life insurance operations segment is focused on life protection and saving products, including pension schemes. The Other business segment comprises operations of the Companyâs non-insurance subsidiaries. Sava Re Group operates through subsidiaries in Slovenia, Croatia, Serbia, Macedonia, Montenegro and Kosovo.
POZAVAROVALNICA SAVA, D.D. 
By 
