UniCredit Bulbank, in its capacity of Lead Manager of the public offering of Convertible Bonds of Central Cooperative Bank AD (CCB), is announcing the end of the public offering. The initial public offering (subscription) of the Convertible Bonds of CCB started on 13 November 2013 and ended successfully on 10 December 2013.

The subscription ended prior to the initially determined end date on 19 December 2013 as all the offered 36 000 bonds were subscribed and paid for entirely on 10 December 2013. Given the latter and according to the envisaged in the Prospectus for the public offering of the Bonds the Subscription end pre-term and CCB undertakes the necessary actions to notify the Financial Supervision Commission (FSC), subsequent registration of the Issue in the Central Depository (CD) and Bulgarian Stock Exchange – Sofia AD and for publishing announcement in the Trade Register for the undertaken Bond Issue obligation.

The entire issue amount of all subscribed 36 000 Bonds (with a single nominal and issue price of 1 000 Euro) in the amount of EUR 36 000 000 was paid in the special capital raising account of CCB opened with UniCredit Bulbank until 10 December 2013 including.

As a result of the Subscription all the offered 36 000 (thirty six thousand) subordinate, unsecured, interest bearing, convertible, freely transferrable, dematerialized bonds, with a single nominal and issue value in the amount of EUR 1 000 were subscribed and their total issue price in the amount of EUR 36 000 000 (thirty six million euro) was paid in full in the special capital raising account of CCB opened with UniCredit Bulbank.

As per data of CCB, the total amount of all fees, remunerations, costs and other expenses in respect to the public offering of the Bonds paid so far stands for BGN 12 956.56, including fee for approval of the prospectus by FSC (BGN 5 000).

During the Subscription no difficulties, disputes or other similar to these complications in respect to trading with the rights and subscription of the Convertible Bonds were encountered.

The offering of the bonds was made on the basis of decisions by the Management Board of CCB dated 9 September 2013 and 10 October 2013, approved by the Supervisory Board of CCB dated 9 September 2013 and 10 October 2013, Prospectus for the public offering of the bonds, approved by FSC with Decision No. 799 - E dated 29 October 2013 and announcement of the public offering under article 92а, paragraph 1 of Public Offering of Securities Act (POSA), published on 4 November 2013 in Novinar newspaper and Trud newspaper, as well as on the web sites of CCB (www.ccbank.bg) and of UniCredit Bulbank in its capacity of investment intermediary authorized to act as Lead Manager in the Offering (www.unicreditbulbank.bg) and announced in the Trade Register in the batch of CCB on 5 November 2013.