Bulgarian Holding Company to Reinvest 2006 Profit

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Bulgarian Holding Company AD Sofia has appointed a General Meeting of Shareholders June 12, 2007 to vote a proposal to reinvest 2006 profit, BSE reported.

According to the draft decision a total of 190 630.79 leva of the 2006 profit which is in the amount of 1 906 307.98 leva will be set to the company‘s General Reserves Fund and the remaining 1 715 677.19 will go to the Other Reserves Fund.

In case no quorum is present at the meeting it is to be rescheduled for June 27, 2007 at 11.00h same place, same agenda.

The final date for trade with the shares of the company as a result of which the holder will be able to exercise their voting right at the forthcoming general meeting is May 23, 2007.

Bulgaria Holding Company posted a profit in the amount of 1.117 mln leva for 2007 first quarter against 205 000 for the respective period in 2006.

5 704 shares of the company changed hands today at an average of 3.68 leva/share.

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