The subscription for the capital increase of Chimimport AD through the issue of mandatory convertible preferred shares with 9% guaranteed fixed annual dividend and guaranteed liquidation share successfully ended on June 12th 2009. UniCredit Bulbank acted as Lead manager and Central Cooperative Bank - as Co-Manager.

As of the final date of the subscription 89,646,283 preferred shares with issue value of BGN 2,22 each were subscribed and paid for, which represents 99.61% from the total number of shares offered. The raised in the offering capital amounts to BGN 199,014,748.26 which ranks among the largest equity issues placed on the Bulgarian capital market so far.

Over 51% of the new shares, subscribed by persons different from the majority shareholder, are subscribed by local investors including some 32% by institutional investors.

The preferred shares combine the advantages which fixed income instruments carry, while leaving to the shareholders the potential for capital gain, as well as assure guaranteed liquidation share amounting to the issue price of the preferred share. The conditions under which the new shares are issued protect the interests of the preferred shareholders when certain corporate events occur.

Admission for trading on BSE Sofia of the new shares will be initiated after the registration of the capital increase in the Commercial Register and the register of FSC.