Annual Report for 2011 and Decision on Distributing Profit and Covering Losses of NIS j.s.c. Novi Sad for 2011 Adopted

On 4th Regular Shareholders Assembly of NIS a.d. Novi Sad, which was held on Monday, 25 June 2012 in Belgrade, the Decision оn adoption of Annual Business Report of NIS j.s.c. Novi Sad for the year 2011 and Decision on distributing profit and covering losses of NIS j.s.c. Novi Sad for 2011 were adopted.

Shareholders Assembly has also adopted the Decision on adoption of NIS j.s.c. Novi Sad Financial Statements for 2011 and Decision on doption of NIS j.s.c. Consolidated Financial Statements of NIS jsc Novi Sad for 2011.These decisions of the Shareholders Assembly of NIS j.s.c. Novi Sad are enclosed with this report, while the Financial statements for 2011 and Consolidated Financial statements for 2011. with Auditors report were previously published on the website of NIS a.d. Novi Sad (www.nis.rs) and the website of the Belgrade Stock Exchange (www.belex.rs) and submitted to the Securities Commission.