After the management of BSE-Sofia decided to remove CB DZI Bank from the BG40 base due to the bank’s delisting from the public register valid as of today, Monbat will take its place in the calculation of the index.

Monbat AD-Sofia posted a profit of .329 mln leva in the first quarter of 2007 up from 1.595 mln leva a year ago

Net revenues increased 31.33% to 25.878 mln leva in the three months, ended 31 March, compared to 19.705 mln leva in the corresponding period last year.

In 2007 and 2008 Monbat AD plans to invest some 21.75 mln euros.

With the implementation of its investment program Monbat AD will increase the share of its own production raw materials from 40% in 2007 to 72% in 2008 and 91% in 2009.

In November 2006 Monbat offered 4.7 mln shares or 24.1% of its capital raising 32.67% on the Bulgarian Stock Exchange.

In the public offering the price of execution and allocation of the amount of sold shares were determined based on the ranking of the bids, submitted by the investors (bookbuilding) at a price of 6.95 leva/share.

Prista Oil controls 68.3% of Monbat’s capital. Monbat Trading holds 7.06% of the company.

A total of 20,763 shares on this position changed hands yesterday at 9.43-9.57 leva/share.