PROJECT: HOTEL BOSNALIJEK /OLYMPIC MT.BJELAŠNICA

Industry sector : Tourism /SUMMER AND WINTER Location: Sarajevo /The Olympic Mt. Bjelašnica Partners: KJP ZOI’84 OCS D.O.O. (ZOI’84 Ltd.) and BOSNALIJEK Investment opportunity objective : Tourism industry still in development phases after the war devastation, but identified as one of the key industrial fields of Bosnia and Herzegovina Equally high potential for summer and winter tourism Sarajevo was host to the Winter Olympic games in 1984 Among the richest bio-diversity in Europe Eco-tourism growth potential Increasing foreign tourist numbers since b) Development of sport /winter tourism, as the main factor of tourist offer of Canton of Sarajevo, Federation of Bosnia and Herzegovina and the complete country Bosnia and Herzegovina. c) Development of infrastructure necessary for a successful promotion of the Olympic mountines and organizing of big international ski competitions. d) New employment.

Expected investment budget: Total remaining value of the project is estimated at 7 million EUR; Bosnalijek will in addition to the already invested funds contribute with the detailed Hotel project and detailed business plan Local Bosnalijek and ZOI’s stuff will provide support for local authorities, necessary permits and other necessary administrative support. Management of the hotel will be discussed jointly between the partners Construction is planned to start in 2015 with Hotel opening planned before the start of the winter season 2016/2017 Sources of financing would be the combination of private equity and commercial loans Joint Venture company will be registered in Bosnia and Herzegovina.

ABOUT BOSNALIJEK: Bosnalijek is a leading industrial producer of generic pharmaceutical products in Bosnia and Herzegovina with activities in more than 20 countries on three continents with annual turnover of over 50 million EUR Bosnalijek is quoted on the Sarajevo Stock Exchange and is one of the most liquid companies in the B&H capital market Bosnalijek involvement in tourism began in 2005 with the construction of the apartment complex on the Bjelasnica mountain as part of its strategy to participate in the development of the local community ABOUT ZOI’84 ZOI'84 manages most of the facilities built for 1984 Olympics, and at the moment there are four organization units:  The main /five floors/ building;  Ski center Bjelašnica-Igman;  The Olympic Hall Zetra;  ZOI TOURS- Travel Agency.

CONTACTS/ZOI’84 Ltd. Branilaca Sarajeva 21/ SARAJEVO, BIH Kontakt informacije Contact person: Amir Ibrahimović GENERAL Midhat Hubijar Tel Fax Web: