Pursuant to the Decision on dividend payment passed by the General Assembly of the joint stock company Ericsson Nikola Tesla of May 18, 2004, we notify the shareholders that the dividend in the amount of 17 HRK per share will be paid out on June 18, 2004.

Entitled to obtain the dividend are all shareholders who on May 11, 2004 had company’s shares registered on their account at the CDA (Central Depository Agency).