Shareholders in Holding Patishta will vote a proposal for a 1:25 split (reducing the face value of shares from 25 leva to 1 lev and increasing shares number without making changes to the capital). The proposal will be discussed at an extraordinary meeting of shareholders scheduled December 11.

The GM will also vote a proposal to release Zanzi Holdings BG, Neo Trading and Vato 2002 from the Board of Directors and to appoint Vasil Bojkov, Antoni Naumov and Nove Holding as such.

Another issue on the agenda is the purchase of two asphalt mixtures Ammann UNIGLOBE 200 QUICK and their leasing out to Lovech-based Patstroy, Patengineering Pleven, and Burgaspatstroy in Burgas.

The machines will be leased out against a sum equal to the sum paid by Holding Patishta for them, plus delivery costs, plus interest rates on refinancing the debt.

As we informed Holding Patishta is planning an investments program for the period 2006 – 2009 worth 111.66 mln leva (57.090 mln euros).

The final date for transacting the shares of the company as a result oh which the holder will be entitled to voting right at the November 23 GM. 8 shares changed hands today at prices between 38,220 leva and 39,500 leva.