Announcement on the release of shares of Ericsson Nikola Tesla d.d.

According to the legal regulations (Article 464 Capital Market Low), Ericsson Nikola Tesla d.d. (hereinafter: the Company) hereby announces that the Company Director, Gordana Kovačević released on November 30, 2015, 12 shares of Ericsson Nikola Tesla d.d., of the total nominal value of HRK 1,200. The shares represent 0.001% of the share capital of the Company and provide 0.001% votes at the Annual General Meeting.

Transaction was made on the Zagreb Stock Exchange at the average price of HRK 973.02 per share.

After this transaction, Gordana Kovačević held 1,616 shares of the Company, of the total nominal value of HRK 161,600, which represent 0.12% of the share capital of the Company and provide 0.12% votes at the Annual General Meeting.