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© Bulgarian Stock Exchange JSC

At its meeting held on 05.03.2009/ Record No 11, the Board of Directors of BSE-Sofia has taken the following decision:
- In view of the complicated situation on the capital market and of the considerable drop in economic activity of the market participants, BSE-Sofia Board of Directors has taken a decision not to bring any changes in the SOFIX and BG REIT indices' base until their next rebalancing in September 2009. In this period, an evaluation will be made, conforming to the concrete market situation changes, of the necessity for bringing a change in the BSE index Calculation Rules.

***

management company Elana Fund management AD, Elana High Yield Fund AD-Sofia /4ELA/ and Elana Eurofund AD-Sofia /4ELB/ informed BSE-Sofia about the following decision, taken at the meetings of the Boards of the above mentioned companies with regard to the fact that 14.03.2009 /Saturday/ will be a non-trading day for BSE-Sofia:
- The issuance and redemption of shares respectively units of the managed by Elana Fund management AD mutual funds and investment companies will be temporarily suspended on 14.03.2009. The issuance and redemption will be resumed on 16.03.2009 as the issuing values and redemption prices valid for 13.03.2009 will be announced on 14.03.2009.

***

Sopharma AD-Sofia /3JR/ has submitted to X3 news the following Information about the financial results realised by the company:
- In February 2009, Sopharma AD has realised 9% sales growth compared to the same month last year.
The entire notification is available at www.x3news.com.

***

BSE-Sofia has received a Notification for an enacted court decision for commencement of insolvency proceedings of Kremikovtzi AD-Sofia /4KW/:
On 03.12.2008, a decision dated 25.11.2008 on insolvency proceedings’ case No 2046 according to a list for 2008 of Sofia Court of Appeal has been registered with the Commercial Register.
By the decision mentioned above Sofia Court of Appeal revokes decision No 41/06.08.2008 on insolvency proceedings’ case No 95/2007 taken by Sofia City Court (VI Commercial Department, 7 Chamber) particularly the part of rejection of the request of Peshtoremont AD-gara Elin Pelin for commencement of insolvency proceedings of Kremikovtzi AD pursuant to Art. 625 of the Commerce Act especially the part fixing the insolvency initial date and Sofia Court of Appeal pronounces instead the following decision:
1. The initial date of insolvency of Kremikovtzi AD (with UIC - 831642523 and registered office in Sofia, Kremikovtzi disctrict, Botunets residential area) is fixed to 06.06.2008.
2. The rest of the decision appealed remains in force.
3. The present decision has to be registered with the Commercial Register to the Registry Agency.
4. The present decision may be appealed in front of the Supreme Court of Cassation of the Republic of Bulgaria within one month as of handing it over to the parties on the case.
A hard copy of the decision for commencement of insolvency proceedings of Kremikovtzi AD is available at the office of BSE-Sofia.

***

Monbat AD-Sofia /5MB/ submitted to X3 news the following information:
"After the analysis made by the management Board of Monbat Plc and in view of the results on individual basis achieved in January 2009, the management of the company projects for the first quarter of 2009 net incomes from sales on amount of BGN 25,500,000 and profit before tax on amount of BGN 3,550,000."
The entire notice is available in English language at http://www.x3news.com.

***

CB Raiffeisenbank (Bulgaria) EAD-Sofia submitted to BSE-Sofia Information about the intentions of the bank to fully redeem ahead of schedule by the end of March 2009 the syndicated loan granted to the Bank in 2007 on amount of EUR 325 million.

*****

AII Data Processing does not endorse in any way, the views, opinions or recommendations expressed above. The use of the Information is subject to the terms and conditions as published by the original source, which you have to read and accept in full prior to the execution of any actions taken in reliance on Information contained herein

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Will Macedonia's new government that will take office after the June 5 elections be able to resolve the name dispute with Greece?
Jun 6, 2011
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The 45 000 year-old Moustarian Bone Flute is the earliest preserved musicial instrument in the world...
The 45 000 year-old Moustarian Bone Flute is the earliest preserved musicial instrument in the world. It was discovered in the Divje Babe cave in Northwestern Slovenia. In 1995, Drago Kunej and Ivan Turk found a flute-like perforated thighbone of a young cave bear at the Divje Babe cave site in Slovenia. The finding originates from the final phase of themiddle Paleolithic period, about 35,000 – 50,000 years ago. Following the arguments of Kunej and Turk (2000), it seems to represent the oldest bone flute preserved up until now. It is beyond the scope of this paper to go into the discussion whether the finding is a flute or just a bone pierced by a carnivore in an abnormal way (a review on this topic is given in Kunejand Turk 2000).
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