The meeting was attended by 22 participants representing 191.121 shares or votes i.e. 57,48% of overall number of votes or equity which at the moment amounts 332.484.000,00 kn, several members of Supervisory Bord and Management and Notary Public Božo Marković.

The meeting was chaired by Ms Tatjana Braškić, the most senior member of Supervisory board present at the meeting.

The meeting started at 10:00.

All items on the agenda were voted through (except for the third one which was not put to a vote) and therefore all decisions were accepted with 191.121 votes, i.e. unanimously.

At the general assembly meeting of Jadranka d.d. Mali Lošinj, Dražica 1, held on 21.09.2007. in Hotel Bellevue the following decisions were made:

Ad 1) The report made by the Company management on the state of the Company was adopted.

Ad 2) The report made by Jadranka d.d. Supervisory board on completed supervision of Company business management was adopted.

Ad 4) Decision on management of profit made in 2006 was made:

I. It is established that in 2006 the Company made net profit of 7.453.305,40 kn.

II. It is established that the balance sheet dated 31.12.2005. shows a retained profit of the Company at the amount of 32.488.672,49 kn.

III. Share of the profit made in 2006 (5%) amounting 372.665,27 kn shall be allocated for legal reserves.

IV. Share of made profit at the amount of 4.657.365,00 kn shall be payed out to shareholders as a dividend.

V. The rest of made profit amounting 2.423.275,13 kn shall be allocated for retained profit.

VI. Dividend is established in form of gross amount, 15 kn a share.

VII. Every individual or legal person, on payment day disposing of securities account with registered Company shares in Central depository agency, is entitled to a dividend.

VIII. Dividend shall be payed out to shareholders' account on 05.10.2007.

Ad 5) The management of the Company accepted the final report in terms of approving its activities in the year 2006.

Ad 6) The Supervisory board members accepted the final report in terms of approving their activities in the year 2006.

Ad 7) The difference resulted from the annex regarding the sale of shares to the Company staff, concluded under Decision of Company management and Supervisory board on 05.02.2003. and by which agreed value was adjusted according to the market value, is completely on a liability of capital gain.

Ad 8) The Audit Company Inženjerski biro – revizija d.o.o., Rijeka, Riva 20, was appointed for auditor of the Company in 2006.

The meeting was concluded at 11:00.

Chairperson of the general assembly
Tatjana Braškić