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Cooperation with the international financial fund Mid Europa Partners Limited



October 13, 2010, 12:41 (PX Newswire)

Pursuant to the Rules and Regulations of the Ljubljana Stock Exchange, d.d, and the relevant legislation, the company Poslovni sistem Mercator, d.d., hereby informs the shareholders and the public of the following:

Management Board of Mercator was informed that the international financial fund Mid Europa Partners Limited and Nova Ljubljanska banka started exclusive negotiations regarding acquisition of an important stake of shares of Mercator, d.d. (10,75%).

Nova Ljubljanska banka requested the Management Board of Mercator to consider whether it was in the best interest of the company to cooperate, according to applicable statutory regulation, with the possible buyer in the process of transaction.

After thorough consideration the Management Board of Mercator determined that the possible transaction is in the company’s best interest as it would contribute to stabilization of the ownership structure and has decided, taking into account all circumstances and upon receipt of proper assurance regarding maintenance of confidentiality and other elements of cooperation, to cooperate with the financial fund at its consideration of possible acquisition of Mercator's shares.

Mercator will cooperate with the fund in accordance with Mercator’s own decision, within the statutory framework and while protecting the best interests of Mercator and other shareholders' rights. The Management Board of Mercator will immediately stop any kind of cooperation with the fund should it determine that cooperation is not in Mercator's best interest.

This announcement will be published on the company’s website at www.mercator.si as of October 12 2010, and will remain posted for a period of at least five years.


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