Pursuant to the Rules of the Ljubljana Stock Exchange, d.d., Ljubljana and relevant legislation, Pozavarovalnica Sava, d.d., Ljubljana ('Sava Reinsurance Company' or 'Company') hereby announces the following:

On the basis of the Slovenian Companies Act (ZGD), the 28th general meeting of shareholders, which took place on 23 April 2014, granted the management board of Sava Reinsurance Company authorization to acquire own shares. The authorization is for acquiring up to a total of 1,721,966 shares, which represents 10 percent of the Company's issued shares (including own shares already acquired).

In line with this general meeting authorization, the Company has started repurchasing its shares. The Company is repurchasing shares in the regulated market and at current market prices.

The Company hereby announces that between 4 April 2016 and 8 April 2016, the Company bought back 38.345 own shares for a total amount of € 543,075.27. The total number of treasury shares prior to these transactions was 838,022. The total number of own shares after these transactions is 876,367, which represents 5.0893percent of the Company's issued shares.

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 d.d. issued this content on 11 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 April 2016 14:26:30 UTC

Original Document: http://www.sava-re.si/en/media-centre/news/1382/purchase-of-own-shares/