The assembly meeting was led by the company's Supervisory Board president, Neven Ivandić form Zagreb, Lopašićeva 3. It was opened at 10:00 (ten a.m.). The present members were informed that the assembly minutes will be led by Božo Marković, the notary public.

The meeting's president informed that the general assembly meeting was properly called based on the company's Management Board decision which was published in time, in «Narodne novine RH» n. 79/08 of 9th September 2008. He added that there was no proposal or counter-proposal to change the agenda, that there are 24 (twenty-four) members present representing 207637 share ( two hundred and seven thousand six hundred and thirty-seven ) or in votes 62. 45 % (sixty-two entire and 45/100 percentages) of the votes total, what is in terms of fundamental capital 332.484.000,00 (three hundred and thirty-two millions four hundred and eighty- four thousand) kuna. Furthermore, he added that all the present members can be acquainted with the attendance list he has just signed, remarking that some Supervisory Board and Management Board members are also present.

Then the president laid out the following meeting agenda:

1. Decision about accepting the Managment Board's report on the company's conditions

2. Decision about accepting the company's Supervisory Board report on its inspection into the company's business management

3. Notice of the annual financial reports for the 2007 business year and the company's audit report identified by Management and Supervisory Board

4. Decision about using the profit realized in 2007

5. Decision about accepting the company's Management Board final report approving its work in 2007

6. Decision about accepting the Supervisory Board members final report approving their work in 2007

7. Decison to appoint the audit company «Inženjerski biro – revizija d.o.o. «Rijeka , Riva 20 a company's auditor for 2008

The president announced that the debate on each agenda's item is open, but nobody of the present members asked to speak.

On closing the discussion, the President handed out voting sheets. There was one sheet with all the agenda's items except for the 3. (third) one, on which there was no voting taken. After voting president announced that all the present members took a vote for adopting all the proposed decisions, in other words for each decision all the 207637 (two hundred and seven thousand six hundred and thirty-seven) votes were taken. Consequently, the following decisions were made unanimously:

Ad 1) The Management Board report on the company's conditions is accepted. The text is added to these minutes, being their constituent part.

Ad 2) The company's Supervisory Board report on inspection into company's business management is accepted. The text is added to these minutes, being their constituent part.

Ad 4) Decisions on using the profit realised in 2007 are made, outlined in the text added to these minutes as their constituent part.

Ad 5) The company's Management Board's final report is accepted, approving its work in 2007

Ad 6) The Supervisory Board members' final report is accepted, approving their work in 2007

Ad 7) The audit company «Inženjerski biro – revizija d.o.o. «Rijeka , Riva 20 is appointed a company's auditor for the year 2008.

After announcing that all the agenda items were considered and the reached decisions are valid, the president closed the meeting at 11:00 (eleven a.m.).

These minutes consist of three copies. The copy with the original annexes is kept in the notary public office, and the other two with annexes compared to originals are sent to JADRANKA d.d. Mali Lošinj.

The minutes annexes
Management Board decision on the general company's assembly convocation
Reports on invidivual agenda items