Monbat : We would like hereby to notify that on 21.11.2017 the Financial Supervision Commission, by Decision No 1459 - E approved...

2017-11-22

Dear Investors,

We would like hereby to notify that on 21.11.2017 the Financial Supervision Commission, by Decision No 1459 - E approved a prospectus for public offering of an issue of up to 30 000 (thirty thousand) ordinary, registered, dematerialized, interest-bearing, convertible, freely transferable, unsecured bonds, issued by Monbat AD, with an issue and nominal value of one bond in the amount of EUR 1 000 (one thousand) or a total nominal and issue value of the issue: up to EUR 30 000 000 (thirty million).

This notification does not have the nature of a notice under Art. 92a, para. 1 of the Law on Public Offering of Securities.

MONBAT AD will publish an announcement on the public offering, initial and the final term for the transfer of rights and subscriptions of convertible bonds, registration number and date of the approval of the prospectus for public offering of bonds issued by FSC, place, time and way of acquaintance with the Prospectus as well as other data specified by Ordinance 2 of FSC.

We would like hereby to present the prospectus approved FSC to the public, which can be found on the website of Monbat AD - http://www.monbat.com/bg/pages/document.html as well as on the website of the investment intermediary Elana Trading AD - www.elana.net

For more information you can contact:

For MONBAT AD

Daniela Peeva, IR Director

Tel. [phone]

E-mail: [e-mail]

For ELANA TRADING AD,

Tatyana Puncheva-Vasileva

Tel. [phone]

e-mail: [e-mail]