THE 38th REGULAR MEETING OF THE ASSEMBLY

28. 06. 2010.

Pursuant to the Article 64 of the Law on Securities Market and Other Financial Instruments (“Official Gazette of the Republic of Serbia No. 47/2006”), with reference to the Article 6 and 7 of the Code of Contents and Reporting of Public Companies and Reporting on Possession of Voting Shares (“Official Gazette of the Republic of Serbia” No. 100/2006, 116/2006 and 37/2009), RAZVOJNA BANKA VOJVODINE a.d. Novi Sad, 2, Stražilovska Street, a banking organisation, submits the following:

REPORT ON THE IMPORTANT EVENT:
THE 38th REGULAR MEETING OF THE ASSEMBLY OF
RAZVOJNA BANKA VOJVODINE a.d. NOVI SAD

The 38th regular meeting of the Assembly of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad was held on 28, June 2010 at the Bank’s headquarters in Novi Sad, 2, Stražilovska Street, in the Conference Room on the 4th floor.

The following decisions were passed:

1. The decision on adopting the minutes from the 37th extraordinary meeting of the Assembly;
2. The decision on adopting the Business Report of “METALS-BANKA” a.d. Novi Sad for 2009;
3. The decision on adopting Annual Financial Report of “METALS-BANKA” a.d. Novi Sad for 2009;
4. The decision on adopting Report of the External Auditor Deloitte d.o.o. Beograd for auditing financial reports of “METALS-BANKA” a.d. Novi Sad for 2009;
5. The decision on usage and placement of the earned profit of “METALS-BANKA” a.d. Novi Sad according to the financial report for 2009;
6. The decision on adopting the Business Plan of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad for the period between 2010 and 2014;
7. The decision on adopting the Business Plan of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad for 2010;
8. The decision on adopting the Business Policy of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad in 2010;
9. The decision on the amount of investment and sales of fixed assets of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad in 2010;
10. The decision on appointing an external auditor for financial reporting of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad for 2010;
11. The decision on accepting the Information on incomes and proprietary rights of the members of the management bodies of “METALS-BANKA” a.d. Novi Sad in 2009.

To inspect the decisions passed at the 38th regular meeting of the Assembly of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad, go to the Bank Secretariat at the headquarters of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad, 2, Stražilovska Street, every working day between 9 a.m. and 3 p.m.

The decisions passed at the 38th regular meeting of the Assembly of RAZVOJNA BANKA VOJVODINE a.d. Novi Sad

PRESIDENT OF
THE BOARD OF DIRECTORSLjiljana Sredojev, sgd
PRESIDENT OF THE ASSEMBLYDejan Avdalović, sgd