Poslovni sistem Mercator d.d. announced that at the supervisory board meeting held on May 18, 2012, the company appointed Mr. Toni Balazic as a new president of the Management Board for a five-year term beginning on June 1, 2012. On a basis of his resignation Supervisory Board discharged Mr. Ziga Debeljak as the president of the Management Board effective on May 31, 2012. After May 31, 2012 Mr. Ziga Debeljak will be advisor to the president of the Management Board until September 30, 2012.