At a meeting today the Financial Supervision Commission approved a prospectus for the initial public offering of bonds issued by Holding Nov Vek AD in the amount of 10mln euros.

The emission is of 10,000 common, paperless, registered, transferable, non-covertible, non-secured bonds with a face value of 1,000 euros, 8% annual interest, 1 year period of interest payment and 7 years maturity.

The bonds were issued December 15, 2006 and the payment date is 15 December 2013. The Financial Supervision Commission has filed the emission with the public register with the aim of trade on the regulated market.

Holding Nov Vek Ad -Sofia will not distribute dividend for 2006. Shareholders in the company will vote a proposal to keep 2006 profit which is in the amount of 8.961 mln leva as undistributed profit for 2007.

Holding Nov Vek's 1Q profit stands at 2.04 mln leva against a loss in the amount of 1,000 leva a year ago.

The holding increased its share in Bulgarian River Shipping AD-Rousse to 9.33% after it acquired 63,113 shares last month.

The Financial Supervision Commission also approved the prospectus for the initial public offering of an emission of bonds issued by Health and Wellness REIT. The emission's value is 7 mln euro and it consists of 7,000 common, corporate, paperless, registered, secured, non-convertible, transferable bonds with a redemption option and a face value of 1,000 euro each.

The fixed annual interest rate is 7,75%, interest can be paid in a period of six months. The period for the bonds credit is 60 months and th edate of the issuing of the bonds is February 1,2007. Payment date is respectively 1 February 2007. The emission has been filed with the public registerwith th epurpose of trade on the regulated stock market.