PRESS RELEASE

Jun 30

Pursuant to a decision of the Board of Directors (BD) of Bulgarian Energy Holding EAD changes have been made to the boards of directors of two of the energy companies

within BEH EAD - National Electricity Company (NEK) EAD and Kozloduy NPP EAD.

Jacklen Cohen returns to his position of chairman of BD of the nuclear power plant replacing Petyo Ivanov- executive officer of BEH EAD.

Hristo Georgiev, former member of the board of NEK EAD, has also been reinstated at his position which until now was held by Konstantin Delisivkov- chairman of BD of BEH EAD.

The changes take effect as of the date of entry of the decisions in the Commercial register to the Registry agency.