The Board of Directors of Lomsko Pivo AD-Lom (BUL:6L1) authorized a share repurchase program on February 28, 2013. Under the program, the company will repurchase up to 120,000 common voting shares, representing 2.67% of the share capital. The minimum price at which the shares will be repurchased is BGN 0.25 per share and the maximum price which the company will pay is BGN 0.45 per share. The purpose of the program is to increase of the liquidity of the shares. In case the company does not complete the repurchase of 120,000 shares by the end of the term of the program, than the Board of Directors at their discretion shall be entitled to either extend the term by new 180 calendar days within the terms of respective application of the provisions under the foregoing sentence, or to terminate the procedure regardless of the number of repurchased. Repurchases will commence on March 1, 2013, and will be valid for 180 days.

Euro-Finance AD acted as the broker for Lomsko Pivo AD.