TOBACCO AD offers 200.000 common stocks in a public offer. The minimal price of a stock is 617 MKD.

The date of the commencement and the deadline for enrolment and payment of stocks is from 01.02.2012 until 30.04.2012.

The method of enrolment will be conducted through the licensed participants on the stock exchange market – members of the Macedonian Stock Exchange.

We will be especially pleased if we have a large number of stock holders and if many of them are our regular customers.

The decision for additional capitalization has been made in 2009 in accordance with the business strategy of the company and is a support to the plan for expansion of the sales network. In the past two years the management team worked hard on restructuring the company and preparation for the new emission of stocks. During the restructuring we cooperated with PricewaterhouseCoopers, EBRD, USAID and IFC, which helped in settling of modern structure of corporate management and system of management of risks which will bring additional value for the future shareholders. Of course, in the process of creating the Prospect we cooperated with organizations like NLB Tutunska Broker AD Skopje and Grant Thornton DOO, which acted as consultants. The company has an attainable business plan and already established position on the market which we believe will trigger interest in investors, especially when other opportunities for fertilization of the capital are limited. The basic belief of the management is that investing in the times of crisis is of strategic importance for the success of the company, on a long term basis. The details of the Strategy and the Plan for development are extensively described in the Prospectus. The funds collected from the public offer will be directed toward investments in the sales network and towards optimization of the structure of the capital in accordance with the business plan of the company. The purpose of the funds is distributed in way to ensure good return to the investment of the shareholders. The things which are written in the Prospectus are obligating and the management of the company must strive to achieve the goals which are described in it. Realization of the plan of development will be based on realizing of the key factors of success through usage of competitive advantages. The plan of development includes expansion of the retail network, increase in revenue from services and increase in revenue from marketing activities.