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5.5.2005 The Annual General Meeting of Slovenská sporiteľňa, a. s. held on 5 May 2005 approved the annual and consolidated financial statements for the year 2004 and the Annual Report of the company for the previous year. At the same time, the following was approved: change of the Articles of Association that refers to harmonization of the Articles of Association with the Act on Banks and the Commercial Code, change of names of organizational units and acquisition of all shares by a single shareholder. The change of Articles of Association is still subject to approval by the National Bank of Slovakia. The General Meeting was held with participation of the company's single shareholder.

The General Meeting of Slovenská sporiteľňa approved issue of mortgage bonds in the volume up to SKK 2 billion and issue of bonds in the volume up to SKK 5 billion. The issues will be carried out in course of years 2005 and 2006. Detailed business conditions shall be defined in the time of issuing the bonds.

The General meeting also approved the distribution of 2004 net profit for the previous accounting period in terms of which an extraordinary allowance from the social fund in the amount of SKK 25 million. Payout of dividends in the volume of SKK 1.9 billion was also approved. Retained earnings are in the amount of SKK 709 million.

Slovenská sporiteľňa is with the number of 2.5 million customers the largest commercial bank in the Slovak Republic. Its only shareholder is Erste Bank - an Austrian Bank that is according to the number of clients as well as the balance sheet total the largest bank in the Central European region. Slovenská sporiteľňa has a long-term leading position in total assets, customer deposits, number of points of sale, ATMs and also issued bank payment cards. The Bank is an active participant on the Slovak money and FX market. Slovenská sporiteľňa offers complex banking services aimed at retail clients and small and medium-sized enterprises in 306 points of sale and in nine commercial centers in all regions of Slovakia.