At its meeting on 24 January 2011, FSC took the following decisions:

1. Approved a prospectus for public offering of an issue of shares, which will be issued by Asenova Krepost AD, town of Asenovgrad.  The issue is to the amount of 800 000 common shares with a par value of BGN 3 and an issue value of BGN 12,50 each. The issue is issued as a result of increase in the company capital from BGN 1 232 568 to BGN 3 632 568. Entered the above issue of shares in the Register maintain by FSC.

2. Approved a prospectus for public offering of an issue of shares, which will be issued by Energetics and Energy Savings Fund – EESF REIT, city of Sofia. The issue is to the amount of 5 213 496 common voting shares, with right to dividend and liquidation quota, proportionate to the share’s par value. With a par value of BGN 1 each and issue value of BGN 1,30. The issue is issued as a result of increase in the capital of the company from BGN 1 303 374 to BGN 6 516 870. Entered the above issue of shares in the Register kept by FSC.

3. Approved a prospectus for public offering of an issue of shares, which will be issued by Investor BG AD, city of Sofia. The issue is to the amount of 239 892 common shares with a par value BGN 1 each and issue value BGN 12,40. The issue is issued as a result of increase in the company’s capital from BGN 1 199 460  to BGN 1 439 352. Entered the above issue of shares in the Register kept by FSC.

4. Management company Raiffeisen Capital Management GmbH, Austria, can start offering on the territory of the Republic of Bulgaria units of the managed by it mutual funds:  Raiffeisen-Active-Commodities, Raiffeisen-Energy-Equities, Raiffeisen-Inflation Protection-Fund and  Raiffeisen-Infrastructue-Equities.

5. Issued approval to I P S Services Ltd., city of Varna, to carry out activity as an insurance broker under the freedom to provide services on the territory of the Republic of Romania.