Payout of bonds from "A2008" series to start on May 31st

National Bank has announced today (May 22, 2008) that the payout of bonds of Republic of Serbia from "A2008" series will commence on May 31st and the funds for that have already been provided from the budget.

The foreign currency savings in amount of 217.9m EUR have been converted into the bonds from this series prior to May 16, 2008.

The payout of bonds will be carried out in euros or in dinars, in cash or by wire transfer.

The owners of the bonds from "A2008" series who acquired these bonds by trading will have the funds on their foreign currency accounts on May 31st, 2008, or, if they want to move them to some other bank, on June 2nd.

The owners of the bonds who signed the contract with the bank on opening of the restricted-purpose foreign currency account will have the funds on that account on May 31st, while all other owners of the bonds of Republic of Serbia from "A2008" series will get their money at the windows in their banks.

Payout of the mature bonds of Federal Republic of Yugoslavia and the coupons from the bonds will be carried out at the windows of the banks that had old foreign currency savings.

The coupons are due to payment on July 1st and December 28th. The bonds of Federal Republic Yugoslavia from series "B" can be exchanged for the bonds of Republic of Serbia.

Conversion of foreign currency savings and the payout of mature bonds to the saving clients of Jugobanka" Jugbanka from Kosovska Mitrovica is carried out through Eurobank EFG Savings Bank, in accordance with the appropriate regulation passed by the Government of Serbia.

In order to adapt working hours to the needs of the clients and for the sake of easier payout of bonds issued on the basis of old foreign currency savings, "Eurobank EFG Savings Bank" - Belgrade, which services the savings of the banks in bankruptcy, announced that all offices would be open on Saturday, May 31st, between 10 AM and 6 PM, and on Sunday, June 1st, between 10 AM and 3 PM.

NBS reminds the clients who did not carry out conversion of their savings into the bonds of Republic of Serbia that, once they do that, they will be able to collect all mature installments.

The clients of Dafiment bank and Jugoskandik who have not received the invitation so far will be able, after they receive it, to carry out conversion of the deposit into bonds, as well as to collect this year's and all previous mature installments.

Narodna banka Srbije Beograd

Centralni registar HOV ad Beograd

JUGBANKA ad Kosovska Mitrovica

Jugobanka a.d. Beograd

Eurobank Direktna a.d. Beograd

Vlada Republike Srbije

A2008

Dafiment bank

Jugoskandik