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Fifteenth Krka Annual General Meeting

The fifteenth Annual General Meeting of the pharmaceutical company Krka, d. d., Novo mesto took place on 17 June at Hotel Šport in Otočec ob Krki. The shareholders present represented 39.54% of equity with voting rights. This year the share dividend was set at EUR 1.10 gross per share.

Resolution adopted by the General Meeting

Despite the counter proposals filed by the two associations Mali delničarji - Skupaj smo močnejši (MDS) (Minor Shareholders Society - Together we are stronger) and Vseslovensko združenje malih delničarjev (VZMD) (All-Slovenian association of minor shareholders - VZMD), the shareholders adopted, at the General Meeting, a resolution proposed by the company's Management and Supervisory Boards, i.e. that the accumulated profit for 2009 in the amount of EUR 161,749,148.26 is allocated as follows:

• for dividends EUR 37,179,450.00 (EUR 1.10 gross per share),
• to other profit reserves EUR 62,284,849.13,
• to carry forward to the next year EUR 62,284,849.13.

The payout of dividends will start within 60 days of the General Meeting's conclusion. The shareholder records in the share register at the KDD-Central Securities Clearing Corporation, Ljubljana on 21 June 2010 will apply for dividend payment.

The General Meeting approved and gave its consent to the work of the Management and Supervisory Boards for the 2009 financial year and discharged each of them from liability for performance of their duties.

As the mandate of the current members of the Supervisory Board expires in June this year, the shareholders decided, at this General Meeting, about electing new members. Upon proposal by the Nomination and HR Committee, the Supervisory Board proposed that the following candidates be elected as new members of Krka Supervisory Board starting their five-year term-in-office on 21 June 2010: Prof. Dr. Julijana Kristl, Jože Lenič, M.Sc., Vincenc Manček, Mojca Videmšek Osolnik, Matjaž Rakovec and Dr. Sergeja Slapničar, Assistant Professor. Despite the counter proposals filed by the associations MDS and VZMD), the shareholders elected the proposed candidates for the mandate period of five years.

The shareholders also adopted the proposal for amendments and modifications to the Articles of Association suggested on the basis of amendments to the Companies Act. Among others, it does not allow the Supervisory Board members to participate in the company's accumulated profit and it expands the possibility of using electronic media related to announcing the participation in the General Meeting, counter proposals and authorisations.

The shareholders appointed KPMG Slovenija, podjetje za revidiranje, d. o. o., Ljubljana as the company auditor for the 2010 financial year.

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