Central Cooperative Bank AD (CCB) is starting a public offering of up to 36 000 (thirty six thousand) subordinated, unsecured, interest-bearing, freely transferable, dematerialized bonds, with par value and issue value of EUR 1 000 (one thousand euro) each, with total nominal and issue value in the amount of up to EUR 36 000 000 (thirty six million euro), with annual coupon 4,5% and maturity in 2020 (7 years), convertible into ordinary shares of CCB (the “Bonds”). The public offering shall be considered successful provided minimum 23 000 (twenty three thousand) bonds with total nominal and issue value EUR 23 000 000 (twenty three million euro) are subscribed and paid.

Right to participate in the offering of bonds have persons who possess and/or have acquired shares of CCB at the latest on the seventh day following the latest date of the following publications - announcement about the public offering of the convertible bonds according to Art. 92a of the Public Offering of Securities Act (POSA) in the Trade Register, Novinar Newspaper and Trud Newspaper and internet sites of CCB and UniCredit Bulbank. On the following business day Central Depository AD (CD AD) shall open accounts for the rights under the meaning of paragraph 1, point 3 of POSA (“Rights”) of these persons on the basis of the CCB’s shareholders book and for each existing share one Right is issued.

During the period of the Offering one Bond may be subscribed against 3,143.17 rights. Each person may subscribe minimum one Bond and maximum such number of Bonds, corresponding to the number of acquired and/or possessed Rights divided by 3,143.17, rounding down to an integer. Only whole number of Bonds can be subscribed.

The Bonds shall be considered subscribed only if made by a shareholder who had acquired Rights, or by any other person who had acquired and possesses Rights at the time of the Subscription, up to the maximum number of Bonds according to above announced ratio between Rights and Bonds, and if the total issue price of the subscribed Bonds is dully paid at the time of their subscription, and a document certifying the payment shall be attached to the Order for Subscription. In case of partial payment of issue price the relevant number of Bonds shall be considered subscribed, for which it has been fully paid.

The Escrow account on the name of CCB opened with UniCredit Bulbank for the payment of the subscribed convertible bonds is:

IBAN: BG02 UNCR 7000 1521 1866 26, BIC UNCR BGSF.

Rights ISIN: BG4000014135

The Prospectus is approved by the Financial Supervision Commission (FSC) with decision No799 E dated 29 October 2013.

Prospectus for the public offering of convertible bonds (in Bulgarian)

Documents to the Prospectus, incorporated through reference can be accessed on the internet site of the Issuer on the following address: http://www.ccbank.bg/bg/about-us/for-investors/