Yuri Gagarin Plc News

On 28 Jan 2009 Yuri Gagarin Plc submitted its Q4 2008 financial report to the public, Financial Supervision Commission and Bulgarian Stock Exchange – Sofia AD. The report is published on web site of the company under the “Interim Reports” section.

On 24 Oct 2008 Yuri Gagarin Plc submitted its Q3 2008 financial report to the public, Financial Supervision Commission and Bulgarian Stock Exchange – Sofia AD. The report is published on web site of the company under the “Interim Reports” section.

The Board of Directors of Yuri Gagarin Plc notifies the shareholders and the persons concerned for the conclusion of a bank loan contract with First Investment Bank to the amount of EUR 1500 thousand for working capital with the purpose of carrying out the companys development program under the following terms: • interest rate: BIR + 3.41 % • maturity – 3 years • collateral: a registered pledge contract over a fixed tangible asset of the company.

The companys Annual Financial Statements for 2007 along with the Auditors Report, the Annual Activity Report for 2007, the amendments and supplements in the Articles of Association and the changes in the composition of the Board of Directors are entered in the Commercial Register on the account of the company under # 20080731180628 # 20080731163747

On 22 July 2008 Yuri Gagarin Plc submitted its Q2 2008 financial report to the public, Financial Supervision Commission and Bulgarian Stock Exchange – Sofia AD. The report is published on web site of the company under the “Interim Reports” section.

By virtue of article 110 of the Law on Obligations and Contracts, because of expiry of the 5 year prescription period, the Board of Directors decided to suspend dividend payments for 2002, as of 11 Aug 2008. The amount outstanding as of that date shall remain in favour of the company.